The £1.4 million investment round will enable the battery startup to apply its dry-coating technology, already proven on NMC cathodes, to solve the complex challenges of dry-coating LFP cathodes and graphite anodes and offer a cleaner, more efficient alternative, with lower energy usage.
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About 50 years after the Paris debut of the Esprit S1, the UK startup’s Series 1 is a respectful, ground-up remastering of the original, rebuilt with a carbon bodyshell, modern engineering and a renewed design philosophy, with deliveries beginning in Q2 2026 on a limited production run of 50 cars.
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The company expects the Ford Universal EV Platform and Ford Universal EV Production System developed by its California-based electric vehicle hardware and software skunkworks to deliver a family of affordable, electric, software-defined vehicles starting with a $30,000 midsize pickup.
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The Troy, MI-based startup revealed its radically simple and affordable pickup with unpainted composite body panels that can be personalized at any point in time, wrapped in any design or color, and even turned into an SUV, pitching it as a used-car option with an expected price under $20,000 after federal incentives.
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At Milan Design Week 2025, Kia designers discussed how the Concept EV2 electric SUV reflects their vision for responsible design highlighted by more sustainable interior collaborations involving Bcomp flax, Simplifyber cellulose, and Biomyc mushroom materials supporting circular economy strategies.
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At its GTC global AI conference this week, the biggest news from the AI powerhouse was an expanded partnership with General Motors, but the company also unveiled the Halos safety system offering for AVs, its expanding automotive ecosystem, and new AI Enterprise software platform offerings.
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The next-gen lithium manganese iron phosphate cathode active materials were shown to deliver significant improvements in usable energy capacity at high discharge rates, with prototype pouch cells tested by QinetiQ showing 99% capacity retention at 2C and 92% capacity retention in 5C discharge.
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Development is accelerating as the company at CES 2025 showed its Pininfarina-refined design and announced a battery-supply and -manufacturing deal with LG Energy Solution and CTNS, and a week later revealed a deal to supply its solar-panel technology to fellow EV startup Telo.
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Nvidia CEO Jensen Huang announced the partnership in his keynote address at CES 2025, the long-term manufacturing deal expected to power thousands of driverless trucks with the Drive Thor SoC running DriveOS, strengthening Nvidia’s long-term play in autonomous trucks.
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A recent funding round of $5.6 billion led by Alphabet will reinforce the company’s AV efforts that have included opening Waymo One to all riders in Los Angeles, partnering with Hyundai, developing a sixth-generation Driver, and researching an end-to-end multimodal model for autonomous driving.
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