EV Race on in Full Force with New $1B Corporate Venture Fund

[Seleskya + 50]

Renault-Nissan-Mitsubishi have launched a $1-billion corporate venture capital fund for new investments, including electrification and autonomous systems ... AI, etc. And it's already taken an equity stake in Ionic Materials, al battery tech developer ... the EV race is on in full force now!

 

[TraderTate + 186]

And the battery developer they invested in is interesting: They have a cobalt-free battery that's been dubbed the "Jesus Battery" because it's solid-state. Now they might have a chance at bringing to the market with Renault-Nissan-Mitsubishi behind it. 

[Kate Turlington + 44]

WIRED magazine calls the 'Jesus Battery' a potential game-changer..

 

https://www.wired.com/story/bill-joy-finds-the-jesus-battery/