General Motors (GM) Acquires Battery Software Startup ALGOLiON

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GM acquires software startup, Algolion to detect early battery defects

June 30, 2023 1:49 PM EDT

General Motors (NYSE: GM) announced Friday that the automotive company has acquired Israel-based Algolion Ltd, a software startup that helps detect problems in batteries.

GM said Algolion's software will help the Detroit automaker bring to the market a "cost-effective" early hazard detection... More