Latest Our Next Energy News & Updates

See the latest news and media coverage for Our Next Energy. We track all announcements, press releases, and industry mentions in real time, all in one place.

Company icon
Our Next Energy

U.S. manufacturer of lithium-ion batteries

one.ai
Headquarters
Novi, United States
Founded year
2020
Company type
Private company
Number of employees
200–500

Last updated

Latest news about Our Next Energy

In short: Our Next Energy pivoted its business strategy toward storage and defense after cutting staff and vacating factory space following EV market shifts.

Company announcements

  • Our Next Energy

    ONE focuses on infrastructure and defense batteries

    ONE secures $35M purchase orders from rail and defense, pauses EV investments, reduces workforce by 45%. Targets cash-flow breakeven by 2026.

  • Our Next Energy

    Our Next Energy launches U.S.-made grid battery products

    It offers cells, modules, and a battery management system made in the U.S., scaling production at its Michigan cell factory to meet growing grid storage demand.

  • Our Next Energy

    Our Next Energy appoints Mujeeb Ijaz as CEO

    The company secures strategic funding, adds board members, and plans full-scale domestic cell and pack manufacturing by early 2027.

  • Our Next Energy

    Our Next Energy announces Gemini battery milestone

    The Gemini dual-chemistry pack enabled a BMW iX to reach 608.1 miles WLTP and reduces lithium use up to 20% while fitting typical EV pack space.

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Media coverage

  • Michigan Capitol Confidential

    Our Next Energy has repaid $3.3M out of $15M taxpayer loan

    After garnering front-page headlines and much fanfare, the company has laid off much of its staff and is vacating part of its facility. It has...

  • Detroit News

    Novi battery firm Our Next Energy cuts staff after losing EV contract

    The company says laid off 29 and said it's moving into batteries for rail, defense, and utility storage systems instead of EVs.

  • Yahoo Finance

    EV battery startup Our Next Energy to exit most of its factory space

    Electric vehicle battery startup Our Next Energy is planning to vacate the lease on the bulk of its factory space near Detroit in Van Buren...

  • Crain's Detroit Business

    Novi-based battery startup Our Next Energy outsources some production to Turkish company

    Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Novi-based...

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