U-M battery startup enters $1.5M joint venture

In an effort to make safer, longer-lasting lithium-ion batteries for technologies like electric vehicles, smartphones and laptops, a University of Michigan startup has formed a $1.5 million joint venture with two major players in the industry.

Ann Arbor-based startup Elegus Technologies has developed an advanced battery separator that allows for increased energy density in lithium-ion cells without compromising safety. This means longer battery life, which, for example, translates to greater range-per-charge for an electric vehicle.

Elegus is now partnered with Michigan-based lithium-ion battery manufacturing companies XALT Energy and Energy Power Systems

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