ClimateElectrekabout 2 hours ago
GM Invests in Sodium-Ion Battery Startup
3 min read
On October 23, 2026, GM Ventures led an oversubscribed Series B funding round for Peak Energy, providing $108 million. The partnership targets grid-scale storage using passively cooled sodium-ion cells to reduce costs by 20% and energy waste by up to 2 terawatt-hours in the US, explicitly excluding EV applications due to low energy density.
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