The iodine and bromine-based aqueous battery showed an energy density of 1200 watt-hours per liter, surpassing the 700Wh/L of non-aqueous lithium batteries.
The company removed CEO Milewski and other executives, citing evidence that the management team had breached their duties and repeatedly lacked judgment.
The US Treasury Department gave automakers additional flexibility on battery mineral requirements for EV tax credits on some minerals from China, such as graphite.