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Technology

Itochu takes top stake in US semisolid-battery developer

24M's safer, cheaper tech set to enter mass production in Thailand

24M Technologies says its semisolid lithium-ion batteries are safer and cheaper to produce than standard models. (Photo courtesy of 24M)

TOKYO -- Japanese trading house Itochu has become the top shareholder in an American company specializing in "semisolid" battery technology, which has the potential to slash manufacturing costs while also improving safety.

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