BMW to Test ONE's Advanced Battery in its iX Electric SUV

An electric-powered BMW iX is displayed at the 43rd Bangkok International Motor Show, in Bangkok, Thailand, March 22, 2022. (Reuters)
An electric-powered BMW iX is displayed at the 43rd Bangkok International Motor Show, in Bangkok, Thailand, March 22, 2022. (Reuters)
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BMW to Test ONE's Advanced Battery in its iX Electric SUV

An electric-powered BMW iX is displayed at the 43rd Bangkok International Motor Show, in Bangkok, Thailand, March 22, 2022. (Reuters)
An electric-powered BMW iX is displayed at the 43rd Bangkok International Motor Show, in Bangkok, Thailand, March 22, 2022. (Reuters)

BMW will install and test a long-range battery developed by Michigan-based startup Our Next Energy (ONE) in the German automaker's iX electric SUV, the companies said on Tuesday.

ONE's Gemini battery will incorporate two types of battery cells, including one with advanced chemistry that can store more energy and enable vehicle range of 600 miles (965 km) or more between charges, the battery maker said. The prototype vehicle is expected to be completed by year-end, ONE said.

The Gemini battery aims to reduce the use of such traditional EV battery materials as cobalt, nickel, graphite and lithium, according to Mujeeb Ijaz, ONE founder and chief executive.

Ijaz said ONE is testing different electrode chemistries in Gemini, while evaluating the potential tradeoffs in cost, energy and sustainability.

ONE might offer a production version of the battery in three different sizes and prices, Ijaz said, including a low-end version that would cost the same as today's conventional nickel- and cobalt-based batteries, "if not a little lower."

Ijaz said ONE is discussing similar prototype testing of its Gemini battery with other companies.

In March, BMW's corporate venture arm led a $65 million funding round in ONE. Other investors in that round included Coatue Management, Breakthrough Energy Ventures, Assembly Ventures, Flex and Volta Energy Technologies.

In December, ONE said an early prototype of the Gemini battery, retrofitted in a Tesla Model S sedan, delivered more than 750 miles (1,200 km) of range, well in excess of the best production electric vehicles on the market.

Since its founding in 2020, ONE has focused development on a long-range battery that uses safer and more sustainable materials, while packing more energy into a smaller, less expensive package.

In a statement, BMW executive Juergen Hildinger said the automaker is exploring opportunities "to integrate ONE's battery technologies into models of our future BEV (battery electric vehicle) product lineup."



Nintendo Sees FY Profit Rising 13%, Switch 2 Unit Sales of 15 Million 

The Nintendo Switch 2 gaming device is pictured at a media event in Tokyo, Japan, April 3, 2025. (Reuters)
The Nintendo Switch 2 gaming device is pictured at a media event in Tokyo, Japan, April 3, 2025. (Reuters)
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Nintendo Sees FY Profit Rising 13%, Switch 2 Unit Sales of 15 Million 

The Nintendo Switch 2 gaming device is pictured at a media event in Tokyo, Japan, April 3, 2025. (Reuters)
The Nintendo Switch 2 gaming device is pictured at a media event in Tokyo, Japan, April 3, 2025. (Reuters)

Nintendo on Thursday forecast operating profit would rise 13% to 320 billion yen ($2.22 billion) in the year ending March.

The Kyoto-based gaming company said it expects to sell 15 million Switch 2 units in the financial year.

For the year ended March, Nintendo reported operating profit fell 46.6% to 282.5 billion yen.

Nintendo is preparing to launch the Switch 2 on June 5.

The games console will succeed the Switch, which has sold more than 150 million units since its 2017 launch and transformed Nintendo's fortunes after the Wii U flopped.

The launch will test Nintendo's ability to manage its supply chain as it works to minimize disruption from a trade war between the United States and China.

Nintendo paused the start of US pre-orders as it considered the impact of increasing US tariffs. It later said it would maintain pricing at $449.99.

Lottery applications in Japan indicate robust demand for the more powerful gaming device, which offers a bigger screen and better graphics than its predecessor.

Xbox maker Microsoft and PlayStation maker Sony have both hiked console prices in recent weeks.