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24M Secures $3.2 Million in Funding to Develop Low-Cost EV Batteries for RV Industry

24M, a company specializing in developing advanced batteries, has been selected to receive $3.2 million in funding from the U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) program. 

The funding is part of the Electric Vehicles for American Low-Carbon Living (EVs4ALL) program, which aims to develop more affordable, efficient, and resilient electric vehicle (EV) batteries, according to a press release.

This funding is particularly exciting for the RV and EV industries, as 24M’s partnership with the Massachusetts Institute of Technology (MIT) and Carnegie Mellon University (CMU) will focus on developing low-cost, fast-charging sodium metal batteries with good low-temperature performance for EVs. 

This technology could potentially revolutionize how RVs are powered, making them more affordable and accessible to a wider range of consumers.

We are pleased to be chosen for this initiative and help strengthen the domestic supply chain for advanced batteries that power electric vehicles,” said Naoki Ota, president, and CEO of 24M. 

“The demand for lower-cost, higher-capacity batteries is greater than ever before. The current processes to manufacture lithium-ion batteries are approaching performance and cost limits and require an innovative manufacturing platform that improves performance while reducing costs.”

24M’s cell design will incorporate three key features: an ultra-thick SemiSolid cathode made up of advanced cobalt-free, nickel-free sodium cathode active material, an advanced wide-temperature, fast-charging electrolyte developed using machine learning and automated high-throughput screening technology, and a superionic sodium conductor.

“As the U.S. Department of Energy looks to expand domestic adoption of electric vehicles, sodium metal batteries can play an important role in ensuring low costs for all consumers,” said Dr. JunZheng Chen, director of advanced R&D at 24M. “This funding will help us develop, manufacture, and deliver these batteries at scale.”

The industry is eagerly awaiting the results of 24M’s research and development, as the success of this project could have a significant impact on the future of the RV and EV industries.

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GrantHorizon
GrantHorizon
February 22, 2024 6:37 pm

Delightful news for RV and electric vehicle enthusiasts! The collaboration between 24M, MIT, and CMU is set to revolutionize energy solutions with affordable, rapid-charging sodium metal batteries. This development promises improved accessibility and efficiency for the RV and EV industries. Are you as pleased as I am to see this potential revolution unfold? Stay tuned for more updates on this game-changing innovation!

Sandra Thomas
Sandra Thomas
May 6, 2024 8:29 am
Reply to  GrantHorizon

Absolutely thrilled to witness this incredible progress in the making! Such advancements pave the way for a brighter, more sustainable future. Let’s embrace these innovations shaping the RV and EV industries. 🌟

Jeffrey Rivera
Jeffrey Rivera
March 13, 2024 1:01 am

Imagine a game-changing partnership between 24M, MIT, and CMU that’s all set to shake up the RV scene with their cutting-edge, speedy-charging batteries. With a boost from the U.S. Department of Energy, these batteries are on track to make RV life more affordable and accessible to a wider crowd. Personally, I’m thrilled to see how this collaboration could transform the RV industry for the better. Let’s wait and watch the magic unfold!

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Hi, you might find this article from Modern Campground interesting: 24M Secures .2 Million in Funding to Develop Low-Cost EV Batteries for RV Industry! This is the link: https://moderncampground.com/usa/24m-secures-3-2-million-in-funding-to-develop-low-cost-ev-batteries-for-rv-industry/