LG Energy Solution led a $75m Series A in Sion Power.

LG Energy Solution, an investment firm, led a $75m Series A in Sion Power, a technology developer of next-generation batteries for electric vehicles, with participation from Bricks Capital Management and Euclidean Capital. “Every carmaker now has an EV strategy with billions being invested in the market. Our technology is appealing because LicerionTM directly addresses the anxiety that consumers feel about finding chargers by delivering up to twice the energy as conventional lithium-ion. The support from our investors is a testament to how mature our technology is and the value of our approach towards enabling lithium-metal cells,” Tracy Kelley, Sion Power CEO.