Our Next Energy (ONE)

29050 Cabot Dr, Novi, MI, 48377

ONE is a Michigan-born energy storage company focused on battery technologies that will accelerate the adoption of EVs and expand energy storage solutions. Our Next Energy (ONE) is paving the way for an electric future, innovating energy storage technologies that will rapidly expand the world’s ability to access sustainable power. We are showing the world what’s possible, rapidly clearing hurdles that stand in the way of mass clean energy adoption: extending range, increasing safety, lowering cost and, of course, using the cleanest chemistries.

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3.2

Overall Excellence Rating

Industry

Manufacturing

Category

Sustainability

ESG/Ethical Impact

Some of the raw materials the auto industry depends on for energy storage are in short supply, subject to sudden price increases and sourced from far-off countries. Vulnerable to disruption, global supply chains are unsustainable almost by definition. To be sustainable, a supply chain must be secure, reliable and abundant. Manganese is the fifth most abundant metal in the Earth’s crust. 85% of U.S. iron production comes from local deposits around Lake Superior in Minnesota and Michigan — home of our new ONE Circle Gigafactory. ONE has future-proofed its supply chain against disruption by basing the LFP chemistry in Aries™ LFP and Aries™ II on easily-obtained, locally-sourced and affordable iron. The dual-chemistry in Gemini™ relies on both iron and plentiful manganese. At ONE, we knew that creating the necessary conditions for mass EV adoption would require reevaluating materials long overlooked by the industry. The ONE team believed lithium iron phosphate (LFP) held the key to bringing a sustainable (and much safer) chemistry to market. The LFP we use in our Aries products (and in Gemini for everyday driving) not only matches nickel-and-cobalt-based chemistry for power and range — it mitigates against battery fires. The advanced anode-free chemistry in Gemini (delivering 450 miles of extended range) is based on easily sourced manganese.

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Awards Received

2023

Revenues

$2,500,000.00

Website Traffic

Employee Rating

5

Customer Rating

Company Size

100-1000

ESG Risk Rating

3

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