EV battery startup pivots to defense industry amid Iran war, weak electric vehicle market
Federaţia Rusă
An Arizona-based battery startup led by a former General Motors executive is moving from making products for all-electric vehicles to making products for the aerospace and defense industries amid the war in Iran and growing demand for U.S. drones by the Trump administration. Sion Power expects to commercialize high-energy lithium-metal battery cells for drones and other defense-related products later this year after focusing on the development of all-electric vehicles for much of the past
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