Our Next Energy (ONE)

Our Next Energy (ONE) is a Michigan-based energy storage company developing advanced, sustainable battery solutions for electric vehicles and grid applications. Featuring innovations like the Gemini dual-chemistry battery, ONE enhances EV range, ensures safety, and supports renewable energy integration with a localized U.S. supply chain.

Company Location

Country:

United States

City:

Novi, Michigan

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Company Overview

Our Next Energy (ONE) is a Michigan-based energy storage technology company founded in 2020. It develops sustainable battery technologies to extend electric vehicle range with a focus on safety and environmental responsibility and operates a manufacturing facility in Van Buren Township, Michigan to support a localized U.S. supply chain.

Battery Technology

ONE’s core battery technologies include the Aries9 LFP battery pack (79 kWh, >200-mile range), the Aries9 II (100+ kWh, >350-mile range, nickel- and cobalt-free), the Gemini9 dual-chemistry battery (185+ kWh, up to 608-mile range in a BMW iX), and the Aries9 Grid utility energy storage system. These cells are produced at the ONE Circle Gigafactory, which can yield enough cells for 240,000 Aries II and Gemini packs annually.

Products

Aries9 LFP battery pack (79 kWh, >200-mile range for trucks and boats); Aries9 II (100+ kWh, >350-mile range for passenger vehicles, nickel- and cobalt-free); Gemini9 dual-chemistry battery (185+ kWh, up to 608-mile range); Aries9 Grid (scalable American-made utility energy storage).

Recent Projects

In 2023 ONE partnered with GE Vernova to supply American-made LFP modules and cells for Solar & Storage Solutions, began pilot production of LFP cells at its Michigan factory, and plans a Millwood, West Virginia manufacturing facility for Aries Grid starting operations in 2025.

Investors

Investors include Franklin Templeton, Breakthrough Energy Ventures, BMW i Ventures, Assembly Ventures, Flex, Volta Energy Technologies, Coatue Management, Equinor Ventures, Oman Investment Authority, Alpha Intelligence Capital, Riverstone Holdings, Sente Ventures, Temasek Holdings, and Michigan state grants.

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