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Sion Power raises 75 million to commercialize its Licerion EV battery tech


Sion Power, a developer of next-generation batteries for EVs, has secured $75 million in Series A funding. The round was led by battery manufacturer LG Energy Solution, and included participation from Euclidean Capital and Hillspire. Sion Power’s Licerion technology uses compression in a lithium metal battery to enhance safety, lifetime and recharging rates. Sion has… Read more…

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