June 30 (Reuters) - General Motors (GM.N) said on Friday it had acquired Algolion Ltd, an Israel-based software startup that helps detect problems in batteries. GM said Algolion's software will help the Detroit automaker bring to the market a "cost-effective" early hazard detection system at a quicker pace. It also comes as safety authorities urge U.S. automakers to improve battery standards after a series of events where vehicles have caught fire due to defective modules. Algolion has developed a software that uses data from EV battery management systems to help identify anomalies in cell performance and provide early detection of battery hazards including "thermal runaway propagation events", GM said. A thermal runaway is a rapid and unstoppable increase in temperature that leads to fires in EVs.

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Persons: Priyamvada, Maju Samuel Organizations: General Motors, Algolion Ltd, GM, Detroit, U.S, EV, GM's, Thomson Locations: Israel, EVs, Herzliya, Bengaluru