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Battery startup Sion Power shifts focus from EVs to drone batteries amid rising defense demand.

Market News
24 Mar 2026
CNBC
View Source
Bullish
pluang ai news

Sion Power, an Arizona-based battery startup led by former GM executive Pamela Fletcher, is pivoting from electric vehicle batteries to high-energy lithium-metal batteries for drones and defense applications. This shift responds to slower-than-expected EV adoption and growing U.S. demand for drones in defense, especially amid conflicts like the Iran war. The company plans to commercialize its advanced lithium-metal cells, which offer higher energy density and lighter weight, later this year. Sion Power aims to supply these batteries to certified defense contractors, leveraging its existing manufacturing capabilities while continuing some EV battery development.

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