MAY 5, 2024 JLM 58°F 01:10 AM 06:10 PM EST
General Motors buys out Israeli battery software startup

The company’s software identifies problems in battery cell performance for early detection of potential hazards such as the battery catching fire.

Automotive giant General Motors has acquired substantially all the assets of Israel-based battery software startup ALGOLiON for an undisclosed sum.

The acquisition was led by GM’s new Technology Acceleration and Commercialization (TAC) organization. TAC identifies emerging technology that can support GM’s leadership position in battery development through investments, acquisitions or partnerships.

ALGOLiON was founded in 2014 by Niles Fleischer and Alex Nimberger and received early support from the Israel Innovation Authority.

The company’s algorithms use data streams from EV battery management systems to identify tiny changes in performance. This not only helps ensure proper vehicle health management but also critically provides early detection of battery hazards including overheating.

Gil Golan, vice president of TAC, said ALGOLiON’s cutting-edge battery analytics and prediction software, “coupled with GM’s internal capabilities and vast experience in delivering best-in-class products at scale, can greatly accelerate time-to-market of a cost-effective early hazard detection system for the benefit of millions of GM’s customers worldwide.”

Fleischer said, “The ALGOLiON team is excited to join GM on its track to an all-electric vehicle future. We found the right home for our technology to play an integral role in maintaining healthy batteries.”

ALGOLiON employees, including its founders, will remain based in Israel and join more than 850 employees at the GM Technical Center in Herzliya. The team will be led by Guy Daniely, senior engineering manager.

GM Israel specializes in advanced technologies including software and algorithms, machine learning, software defined vehicles, cybersecurity and user-facing applications for autonomous, electric and connected vehicles.

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Comments
[Anonymous] 06:42 17.07.2023
Intel, GM! They’re making their moves Israel. Watch out, the elites are coming for your freedom.
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