Latest Our Next Energy News & Updates

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

Our Next Energy (ONE)

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 Today

Latest news about Our Next Energy (ONE)

In short: ONE pivoted its business strategy toward grid storage and defense after facing financial challenges and domestic manufacturing delays.

Company announcements

January 7 ONE

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.

15 May 2025 ONE

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.

6 March 2025 ONE

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.

30 November 2023 ONE

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.

Media coverage

March 17 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...

January 21 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.

16 September 2025 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...

20 May 2025 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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