RE:ONE & NANO ONE MATERIALS "Dan Pierce, ONE spokesperson, said in a statement Monday: "Today’s decision has no impact on our commitment to building our gigafactory in Van Buren Township as evidenced by our recent announcement of pilot production."
The downsizing is happening as ONE transitions from research and development to scaling production, according to the company.
"Over the course of 2024 as they get their high-volume line up and running and start producing those cells ... we'll probably see them start to hire more people again," said Sam Abuelsamid, principal e-mobility analyst at market research firm Guidehouse Inc."
https://eu.detroitnews.com/story/business/autos/2023/11/27/michigan-battery-startup-our-next-energy-laying-off-25-of-its-staff/71719582007/
Does anyone see any problems with the company? Not me, but a strategic decision towards production!