Startup Series: Rethinking EV Batteries with ONE
Today's guest is Mujeeb Ijaz, Founder and CEO of ONE.
Widespread adoption of electric vehicles (EVs) not only face technical challenges, but also psychological barriers that consumers need to overcome. ONE has the audacious goal to design a battery that can not only double the range of EVs but do so while using sustainable and safe materials. The company is also working to develop and localize raw material supply chains to bring down costs.
In this episode, we dig into battery range anxiety, its impact on widespread EV adoption, and how charging networks can create additional barriers for EV drivers. We also talk about ONE’s solution to EV battery challenges, the company’s breakthrough technology, and its focus on finding the right talent to successfully realize its go-to-market plan. Enjoy the show!
In today’s episode, we cover:
Mujeeb's background in EVs and battery innovation at Ford, A123 Systems, and Apple
Battery range anxiety and its impact on widespread adoption
ONE's solution to double the range of EV batteries to 600 miles
Density of charger networks and the implications for EV drivers
Predictions for the used market for EVs
Impact of local driving conditions on EV range and comparisons to ICE vehicles
Impacts of location and climate on battery range
ONE's latest accomplishments, including their partnership with BMW
The company's two types of batteries: Gemini and Aries
Differences between battery chemistries like lithium ion, manganese, and nickel cobalt
How ONE avoids nickel and cobalt in their batteries
The predictability of commercial fleets like package delivery trucks and buses
Cost structures associated with different battery chemistries
ONE's go-to-market roadmap and funding to date
Gaps in talent and training for battery manufacturing
ONE's focus on sourcing the right talent and workforce development efforts