GM buys company to develop autonomous electric vehicle technology
June 30, 2023
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American automaker General Motors (GM) announced the complete purchase of an Israeli startup ALGOlion OOO. The company is known for developing software focused on battery life analysis for
American automaker General Motors (GM) announced the complete purchase of an Israeli startup ALGOlion OOO. The company is known for developing software focused on battery life analysis for electric vehicles, which will now be used in the automaker’s system and will appear in several vehicles.
GM Battery Analysis Technology
06/29/2023 at 13:30
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A distinctive feature of the technology created by a startup is that it uses proprietary quantitative algorithms to detect any change in module integrity. This system is so accurate and advanced that the company claims it can detect minute component changes weeks earlier than other methods.
Big advantage of technology ALGOlion OOO that’s her does not require additional equipment or sensorsonly with current vehicle components grandmaster and software from a company that can diagnose battery problems.
Credits: General Motors Disclosure
With this acquisition, the automaker claims it will be able to make battery early warning system accessible to millions of electric vehicle owners from manufacturers around the world.
The total amount spent on the purchase is not reported, co-founder ALGOLion , Niles Fleischer, said: “The ALGOLiON team is delighted to join GM on the path to the future of all-electric vehicles. We have found the right place for our technology, which plays an integral role in keeping batteries running for interesting products and attracting customers around the world.”
The software developer’s employees will remain in Israel and join the 850 employees present at the Technical Training Center grandmaster in Herzliya, Israel.
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Donald Salinas is an experienced automobile journalist and writer for Div Bracket. He brings his readers the latest news and developments from the world of automobiles, offering a unique and knowledgeable perspective on the latest trends and innovations in the automotive industry.