General Motors (GM) & Mitra Chem to Boost EV Battery Tech

Aug 17, 2023 · Mitra Chem’s state-of-the-art AI platform and its premier R&D facility based in Mountain View, CA are set to be the catalysts in GM's quest for commercially viable and …

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GM Invests In AI And Battery Materials Innovator Mitra Chem

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Aug 16, 2023 · Mitra Chem’s proprietary AI platform expected to accelerate GM’s development of affordable batteries in the U.S. DETROIT – General Motors (NYSE: GM) is leading a $60 …

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General Motors Pours Millions Into California Battery Start-Up …

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Aug 17, 2023 · General Motors is leading a Series B funding round worth $60 million in Silicon Valley battery technology start-up Mitra Chem, the automaker said in a press release.

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Aug 16, 2023 · Battery materials technology startup Mitra Chem announced today that it has raised $40 million at the first close of a $60 million Series B funding round led by General …

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GM Invests $60 Million In AI Battery Startup For Affordable EVs

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Aug 17, 2023 · To accelerate the commercialization of cheap electric vehicles (EVs) batteries, General Motors is investing $60 million into Mitra Chem. This Silicon Valley startup uses …

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Aug 16, 2023 · GM is leading a $60 million round into California startup Mitra Chem to help the automaker transition its Ultium electric vehicle batteries to lower-cost LFP battery technology.

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FAQs about General Motors (GM) & Mitra Chem to Boost EV Battery Tech Coupon?

Will Mitra Chem accelerate GM's development of affordable batteries?

Mitra Chem’s proprietary AI platform expected to accelerate GM’s development of affordable batteries in the U.S. DETROIT – General Motors (NYSE: GM) is leading a $60 million Series B financing round in Mitra Chem, a Silicon Valley-based, AI-enabled battery materials innovator. ...

Could GM EVs benefit from Mitra Chem batteries?

Future low-cost GM EVs could benefit from the batteries being developed by Mitra Chem. General Motors said Wednesday it’s leading a $60 million financing round in Mitra Chem, a California-based startup working to develop lower-cost batteries for electric vehicles. ...

Is GM investing in EV batteries?

By taking the lead in a $60 million Series B financing round for Mitra Chem, General Motors is essentially investing in the future of EV batteries. Mitra Chem’s state-of-the-art AI platform and its premier R&D facility based in Mountain View, CA are set to be the catalysts in GM's quest for commercially viable and affordable EV batteries. ...

Did GM invest in Mitra Chem?

The specifics of GM’s investment in Mitra Chem weren’t disclosed. GM is leading a $60 million funding round in Mitra Chem, a battery startup founded by Tesla and Toyota veterans that aims to make cheaper EV batteries. ...

Why is GM partnering with Mitra Chem?

Consequently, GM's collaboration with Mitra Chem has a clear mandate — the co-development of iron-based cathodes and the exploration of novel cell chemistries. By taking the lead in a $60 million Series B financing round for Mitra Chem, General Motors is essentially investing in the future of EV batteries. ...

Will Mitra Chem help GM bring new EV technology to market?

Gil Golan, a GM vice president charged with speeding up the process of bringing new EV technologies to market, said the auto giant is stepping up its focus on potential breakthroughs in battery technologies. “Mitra Chem’s labs, methods and talent will fit well with our own R&D team’s work,” Golan said. ...