CES is a land of bold announcements of amazing, innovative products and technologies that will revolutionize the world, often set for release in two years’ time. Twenty-four months seems to be about the right hype window: close enough to generate excitement and investment, but far enough that everyone forgets about your promises before that deadline quietly comes and goes.
It was CES 2018 when Henrik Fisker made such a proclamation, saying that his team of gurus had cracked the code of solid-state batteries. By 2020, he said, those batteries would be in mass production. The car was the EMotion, which never did come to market. By 2021, the company had given up on the solid-state dream, and by 2024, the whole operation went bust.
In Las Vegas at CES 2026, it’s time for another bold proclamation about a small team of engineers that have figured out solid state. This time it’s Marko Lehtimaki, cofounder and CEO of Donut Lab, an EV technology startup that spun off from Verge Motorcycles (no relation to The Verge). Naturally, I’m skeptical, but there’s one key difference that’s giving me hope: Lehtimaki says the Donut Battery isn’t 24 months away. It’s in production right now.
If you’ve not been riding the hype wave around solid state, the promise is for a battery cell that is cheap, light, fast-charging, cool-running, energy-dense, and combustion-free. They’re still conceptually the same battery design as the past couple-hundred years. That means an anode on one side and a cathode on the other, separated by an electrolyte across which charge-carrying ions can scurry back and forth as the cell is charged or discharged.
In a traditional lithium-ion cell, the electrolyte is a liquid of some sort. In a solid-state battery, it is, of course, a solid. That may sound like a small shift, but it has huge ramifications, the biggest being effective durability. Like solid-state electronics, there’s nothing that wears or breaks down, which means a massive increase in durability, charging speed, and energy density.
For its solid-state batteries, Donut Lab is listing some incredible figures. To start with, there’s an energy density of 400 Wh/kg, which is about a third greater than that of a modern lithium-ion pack. In other words, 30 percent more range in an EV with the same weight battery pack.
It has huge ramifications, the biggest being effective durability
Despite that boost, Lehtimaki says these cells are actually cheaper to manufacture. These batteries will appear first in the Verge TS Pro, and Lehtimaki told me that swapping to these hyper-advanced new cells actually reduced cost.
“The bill of materials went down, and it is going down with every other vendor buying at the rate that we are selling them,” Lehtimaki says.
Donut says the batteries can take a full charge in as few as five minutes, which would finally mean an EV that charges as fast as you can fuel up a car.
For this first application, though, it’s a bit slower: 10 minutes in the Verge TS Pro. The company is also being a little conservative when it comes to the lifespan of the cells. Where Donut Lab promises 100,000 charge cycles before the battery is worn out, Verge says 10,000.
Even that is a radical improvement over the roughly 1,500 cycles that you might expect out of a typical lithium-ion EV battery pack. 100,000, though, is a total game changer, creating a battery that will easily outlast the car it was created to power.
“The cycle life, the residual value of the battery, is actually 100 percent after the lifetime of the car. So it becomes the only component that keeps its value, and you can use it as a home battery, or whatever,” Lehtimaki says.

There are other implications, too. Lehtimaki says that Donut Batteries are extremely thermally stable, offering nearly full capacity, even down to -22 degrees Fahrenheit. That means it will also require less cooling. I spoke with Neil Yates, founder and CEO at Watt Electric Vehicle Company, an EV platform maker that uses Donut Lab’s hub motors in its products and is looking to adapt the new batteries onto its platform as well.
“There will be no real active cooling requirement at all,” Yates says, thanks to the Donut Battery’s thermal resiliency. “We do a little bit to manage the enclosure in which they are, but that’s enclosure management, rather than specific battery management.” No active cooling means less plumbing required in the car, saving even more weight.
“There will be no real active cooling requirement at all.”
And, again, this is all said to be happening now. Lehtimaki says that the cells are actively in production in Finland, with initial production capacity of roughly one gigawatt-hour. But, he says Donut Lab can quickly spin up new factories in the U.S. if there is sufficient demand from American car manufacturers.
That’s aided by a battery chemistry totally free of any sort of conflict or difficult materials that might be subject to tricky import or export regulations or tariffs.
That might point to something like a sodium-metal construction, but Lehtimaki wasn’t willing to talk specifics. In fact, there are many details that we’ll have to wait for clarity on, including how Donut Lab managed to solve the so-called dendrite issue. This challenge has stymied many solid-state startups, a battery flaw that’s a little like a microscopic stalagmite growing from anode to cathode across the solid-state electrolyte. When they bridge across, you get a catastrophic short and, potentially, a lot of smoke and fire.
How did Donut Lab solve this issue where many major companies have failed? He credits having a small, agile team. “The party that has the capability and then iterates faster is the one that obviously makes the innovation,” Lehtimaki says. “I’ve always said that 20 engineers beat 2,000 engineers.”

There has been speculation online that Donut Lab is using technology from another Finnish startup, Nordic Nano, a renewable energy company that Donut Lab has invested in. Lehtimaki even serves as a board member at Nordic Nano, but says that’s not the source of this product. “It’s not from them,” he says.
Lehtimaki says that Donut and Verge Motorcycles’ engineers have been quietly working on battery designs since 2018, and this is the fruit of all that labor. Where are the patents? They’re coming, Lehtimaki says, and promised to have a lot more details to share within the next few months once they clear.
There are plenty of reasons to be skeptical here. There are some uncanny parallels between Lehtimaki’s claims and those that Fisker made back in 2018, including talk of smaller versions for phones. But unlike Fisker and all the many other solid-state prognosticators and promisers of mega-range, insta-charging EVs, Lehtimaki isn’t giving himself that 24-month window to milk investors before fading into the sunset. He says all will be proven in just a matter of weeks. That alone gives me reason for optimism, but at the very least I won’t have to wait long to be disappointed.
Photography by Tim Stevens
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#worlds #solidstate #battery
![This former notorious red-light district is now one of the world’s top AI hubs | TechCrunch
What every U.K. AI startup wants to know these days is, how can I get office space in King’s Cross?
The area is so hot that a VC firm allegedly recently won a deal by promising a founder office space in the neighborhood. “We stop at nothing to win deals [for] and to support” founders, “including helping them source office space when needed,” the firm told me when asked about the rumor, declining to confirm or deny any details.
The neighborhood’s popularity began back in 2016 when DeepMind — then newly acquired by Google — moved in. Soon after, a flood of AI startups followed, wanting to be around the Google DeepMind magic. Today, they hope to take advantage of the cluster of AI talent there.
This has transformed King’s Cross into one of the world’s top AI hubs, rivaled only by San Francisco and Beijing. Around London, it’s known by the sobriquet “Knowledge Quarter,” as it’s home to names like OpenAI, Meta, Isomorphic Labs, Cusp AI, Wayne, Recursive, and, a little farther down the road, Synthesia and Anthropic. The European Technology Network (ETN) just moved into a glossy new office nearby, while University College London sits around the corner.
Mixed in with the new developments are trendy food spots like Hoppers and BAO. Hop a train from King’s Cross, and founders can be in Cambridge in 45 minutes to source talent or can be in Paris in two hours to strike a deal.
Who would have guessed that a little more than 20 years ago, this was one of the seediest areas in London?
“In the ’80s, crack and heroin made the area a major narcotics market,” Hussein Kanji, an investor at Hoxton Ventures, said, recalling syringes in tree trunks and gangs patrolling the streets. “In 1982, the local church was occupied by the English Collective of Prostitutes for 12 straight days.” Then, in the early 2000s, a real estate developer had a dream and, well, “now it is the AI hotbed of the United Kingdom,” Kanji said. “What a change.” Around 18 months ago, his portfolio company BioCorteX moved from the neighborhood Holborn to the Jellicoe building in King’s Cross, hoping to be near the action. “Lots going on in London right now,” Nik Sharma, co-founder of BioCorteX, told me. “Lots of hyperscalers moving in.” That includes, reportedly, Jeff Bezos’ AI company Prometheus, which is also said to be in talks to move into the Jellicoe.
There are around 3,600 AI startups in London, which, together, have raised around .1 billion out of the .8 billion raised in the city since late July, according to Dealroom. Since the start of June, AI-related startups have leased more than 1 million square feet of office space in London, according to the real estate firm Knight Frank. With that, prime rents in King’s Cross have risen 18% over the past three years, Chris Dunn, a commercial insight associate at the firm, told me. That percentage represents only the largest leases encompassing at least 10,000 square feet, like the ones OpenAI and Prometheus are signing. The shorter deals go for even more, he said, and now the vacancy rate for conventional office space is just 0.9%. “Demand has outstripped supply,” he continued.
Today, one of the big topics of the area is sovereignty. It was a wake-up call for many when Anthropic shut off access to Mythos and Fable this summer, leaving some in the ecosystem to conclude: “We’d better look after ourselves,” Saul Klein, co-founder of the VC firm Phoenix Court, told me.
Phoenix Court is located in the King’s Cross area and has three portfolio companies in the vicinity, including Olix (which just announced a .3 billion valuation), Early Health and CoMind. Robin Klein, co-founder of the firm, said the shutdown of Fable and Mythos access was a “small but sharp reminder that Europe can’t simply rent its AI capabilities and capacity; it needs to build and hold some of its own.” King’s Cross, he said, is where much of this building is actually happening.
“The bigger question,” he continued, “is whether the U.K. builds the infrastructure, compute, energy, capital, to make this self-reliance durable, rather than just hosting outposts of U.S. labs.”
Image Credits:Phoenix Court
Top founders want to stay
Simon Kohl, founder of Latent Labs, has offices in King’s Cross and San Francisco. The London office, at the moment, is growing faster, and he’s more bullish than ever on the ecosystem, he said. “The mood right now feels less like London trying to catch up and more like London becoming one of the default places to start a serious AI company,” he said. Look around and you are likely to see Wayve testing its autonomous cars. Founded in 2017 by co-founder Alex Kendall, the unicorn is one of London’s biggest success stories.
“Ten years ago, building a frontier AI company from London felt like an unusual choice,” Kendall told me. “Now it feels like an obvious one.” Wayve moved into King’s Cross in 2018 looking for a space that could double as a garage — “a rare combination in Central London,” Kendall said. He has watched the ecosystem mature around him — and it’s now evident that a startup can stay in London, raise serious capital, hire world-class AI talent, and remain globally competitive, he said. Down the street from Anthropic’s new 158,000-square-foot office is the AI agent builder Sierra and the AI video platform Synthesia.
Laura Gonzalez Florez, Synthesia’s chief of staff and head of people, says the company moved into its glossy new office building a year ago to accommodate its growing team. They were drawn to the area for the same reason as everyone else: “It’s very close to the airport … very close to where a lot of investors are,” she said.
Image Credits:Synthesia
Around two-thirds of Synthesia’s engineers are remote, Gonzalez Florez said, letting the company tap into an affordable, international, and diverse talent pool and helping it scale faster. “From London, we can hire and work, without any problem, people from anywhere, from Slovenia to Portugal,” she said.
Unsurprisingly, London’s AI boom is also causing a talent war.U.K. AI job postings have skyrocketed in the past few years, per data from PwC. When Anthropic announced it moved into town earlier this year, it listed, for example, a salary range of £260,000 to £630,000 for a machine learning research engineer when the average salary in London for the same role is around £102,000. Some founders in the U.K., like those in Silicon Valley, are being forced to raise more and bigger rounds to keep up.
“The real test is whether more globally significant AI companies are founded, funded, and scaled from the U.K., while continuing to attract the world’s best talent to build them here,” Zain Ali, founder of the King’s Cross-based AI legal firm Centuro, told me. “If that continues to happen, King’s Cross won’t just be an AI hub. It’ll become one of the U.K.’s most important strategic assets.”
When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.#Thisformernotorious #redlight #districtis #nowone #worlds #top #hubs #TechCrunchUK This former notorious red-light district is now one of the world’s top AI hubs | TechCrunch
What every U.K. AI startup wants to know these days is, how can I get office space in King’s Cross?
The area is so hot that a VC firm allegedly recently won a deal by promising a founder office space in the neighborhood. “We stop at nothing to win deals [for] and to support” founders, “including helping them source office space when needed,” the firm told me when asked about the rumor, declining to confirm or deny any details.
The neighborhood’s popularity began back in 2016 when DeepMind — then newly acquired by Google — moved in. Soon after, a flood of AI startups followed, wanting to be around the Google DeepMind magic. Today, they hope to take advantage of the cluster of AI talent there.
This has transformed King’s Cross into one of the world’s top AI hubs, rivaled only by San Francisco and Beijing. Around London, it’s known by the sobriquet “Knowledge Quarter,” as it’s home to names like OpenAI, Meta, Isomorphic Labs, Cusp AI, Wayne, Recursive, and, a little farther down the road, Synthesia and Anthropic. The European Technology Network (ETN) just moved into a glossy new office nearby, while University College London sits around the corner.
Mixed in with the new developments are trendy food spots like Hoppers and BAO. Hop a train from King’s Cross, and founders can be in Cambridge in 45 minutes to source talent or can be in Paris in two hours to strike a deal.
Who would have guessed that a little more than 20 years ago, this was one of the seediest areas in London?
“In the ’80s, crack and heroin made the area a major narcotics market,” Hussein Kanji, an investor at Hoxton Ventures, said, recalling syringes in tree trunks and gangs patrolling the streets. “In 1982, the local church was occupied by the English Collective of Prostitutes for 12 straight days.” Then, in the early 2000s, a real estate developer had a dream and, well, “now it is the AI hotbed of the United Kingdom,” Kanji said. “What a change.” Around 18 months ago, his portfolio company BioCorteX moved from the neighborhood Holborn to the Jellicoe building in King’s Cross, hoping to be near the action. “Lots going on in London right now,” Nik Sharma, co-founder of BioCorteX, told me. “Lots of hyperscalers moving in.” That includes, reportedly, Jeff Bezos’ AI company Prometheus, which is also said to be in talks to move into the Jellicoe.
There are around 3,600 AI startups in London, which, together, have raised around .1 billion out of the .8 billion raised in the city since late July, according to Dealroom. Since the start of June, AI-related startups have leased more than 1 million square feet of office space in London, according to the real estate firm Knight Frank. With that, prime rents in King’s Cross have risen 18% over the past three years, Chris Dunn, a commercial insight associate at the firm, told me. That percentage represents only the largest leases encompassing at least 10,000 square feet, like the ones OpenAI and Prometheus are signing. The shorter deals go for even more, he said, and now the vacancy rate for conventional office space is just 0.9%. “Demand has outstripped supply,” he continued.
Today, one of the big topics of the area is sovereignty. It was a wake-up call for many when Anthropic shut off access to Mythos and Fable this summer, leaving some in the ecosystem to conclude: “We’d better look after ourselves,” Saul Klein, co-founder of the VC firm Phoenix Court, told me.
Phoenix Court is located in the King’s Cross area and has three portfolio companies in the vicinity, including Olix (which just announced a .3 billion valuation), Early Health and CoMind. Robin Klein, co-founder of the firm, said the shutdown of Fable and Mythos access was a “small but sharp reminder that Europe can’t simply rent its AI capabilities and capacity; it needs to build and hold some of its own.” King’s Cross, he said, is where much of this building is actually happening.
“The bigger question,” he continued, “is whether the U.K. builds the infrastructure, compute, energy, capital, to make this self-reliance durable, rather than just hosting outposts of U.S. labs.”
Image Credits:Phoenix Court
Top founders want to stay
Simon Kohl, founder of Latent Labs, has offices in King’s Cross and San Francisco. The London office, at the moment, is growing faster, and he’s more bullish than ever on the ecosystem, he said. “The mood right now feels less like London trying to catch up and more like London becoming one of the default places to start a serious AI company,” he said. Look around and you are likely to see Wayve testing its autonomous cars. Founded in 2017 by co-founder Alex Kendall, the unicorn is one of London’s biggest success stories.
“Ten years ago, building a frontier AI company from London felt like an unusual choice,” Kendall told me. “Now it feels like an obvious one.” Wayve moved into King’s Cross in 2018 looking for a space that could double as a garage — “a rare combination in Central London,” Kendall said. He has watched the ecosystem mature around him — and it’s now evident that a startup can stay in London, raise serious capital, hire world-class AI talent, and remain globally competitive, he said. Down the street from Anthropic’s new 158,000-square-foot office is the AI agent builder Sierra and the AI video platform Synthesia.
Laura Gonzalez Florez, Synthesia’s chief of staff and head of people, says the company moved into its glossy new office building a year ago to accommodate its growing team. They were drawn to the area for the same reason as everyone else: “It’s very close to the airport … very close to where a lot of investors are,” she said.
Image Credits:Synthesia
Around two-thirds of Synthesia’s engineers are remote, Gonzalez Florez said, letting the company tap into an affordable, international, and diverse talent pool and helping it scale faster. “From London, we can hire and work, without any problem, people from anywhere, from Slovenia to Portugal,” she said.
Unsurprisingly, London’s AI boom is also causing a talent war.U.K. AI job postings have skyrocketed in the past few years, per data from PwC. When Anthropic announced it moved into town earlier this year, it listed, for example, a salary range of £260,000 to £630,000 for a machine learning research engineer when the average salary in London for the same role is around £102,000. Some founders in the U.K., like those in Silicon Valley, are being forced to raise more and bigger rounds to keep up.
“The real test is whether more globally significant AI companies are founded, funded, and scaled from the U.K., while continuing to attract the world’s best talent to build them here,” Zain Ali, founder of the King’s Cross-based AI legal firm Centuro, told me. “If that continues to happen, King’s Cross won’t just be an AI hub. It’ll become one of the U.K.’s most important strategic assets.”
When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.#Thisformernotorious #redlight #districtis #nowone #worlds #top #hubs #TechCrunchUK](https://techcrunch.com/wp-content/uploads/2026/08/DM9A2852.jpg?w=680)

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