EV battery startup pivots to defense industry amid Iran war, weak electric vehicle market
In this articleQSLow-cost Unmanned Combat Attack System (LUCAS) drones are positioned on the tarmac at a base in the U.S. Central Command operating area.Source: U.S. CENTCOMAn Arizona-based battery startup led by a former General Motors executive is pivoting from making products for all-electric vehicles to ones 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 cel ...