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sakti3

Doubling EV range with solid state batteries

To make the next generation of lithium ion batteries, start-up Satki3 is making batteries on equipment normally used to make potato chip bags.

Company founder and CEO Ann Marie Sastry provided a few details on the work Sakti3 is doing to make a battery that will double the energy density compared with existing lithium ion batteries during a talk at the EmTech conference at MIT today. Satki3's ambitions offer a view into how emerging solid-state battery technology could accelerate electric vehicle sales and make batteries for electronics cheaper and longer lasting.

Many battery startups are using different methods to … Read more

GM Ventures invests in battery start-up Sakti3

General Motor's venture-capital arm has invested in battery company Sakti3, taking a stake for a second time in an electric vehicle oriented start-up.

GM Ventures and the venture arm of Japanese conglomerate Itochu have invested $4.2 million in the company, Sakti3 said Friday. GM Ventures invested $3.2 million, according to reports.

Ann Arbor, Mich.-based Sakti3 is developing next-generation lithium-ion batteries that are designed to be cheaper and extend electric vehicle driving range. Rather than using a liquid electrolyte like most rechargeable batteries today, Sakti3's batteries are solid-state devices, which would allow car batteries to hold … Read more