General Motors Pours Millions Into California Battery Start-Up …

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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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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General Motors Pours Millions Into California Battery Start-Up …

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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. The Mountain View …

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GM Backs EV Battery Startup As It Shifts Future Focus To Cheaper ...

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Aug 16, 2023 · GM will lead a $60 million investment in Mitra Chem, a two-year-old Mountain View, California, company that uses artificial intelligence to accelerate development of lithium …

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General Motors Pours Millions Into California Battery… - Inkl

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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. The …

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GM To Invest $625 Million In Joint Venture To Mine EV Battery Raw ...

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Oct 16, 2024 · DETROIT — General Motors has agreed to establish a joint venture with Lithium Americas Corp. that includes the automaker supplying $625 million in cash and credit to the …

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GM's Key To EV Production And Profits Rest On Ramp-up Of New …

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May 2, 2024 · A 2023 Cadillac Lyriq produced at GM’s Spring Hill, Tennessee, assembly plant. "We have seen more than $12,000 of year-over-year cost savings in the Lyriq alone," …

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FAQs about General Motors Pours Millions Into California Battery Start-Up … Coupon?

Why is GM investing in a Silicon Valley startup?

REUTERS/Rebecca Cook/file photo Purchase Licensing Rights DETROIT, Aug 16 (Reuters) - General Motors (GM.N) is investing in a Silicon Valley startup to help it speed development of a more affordable battery chemistry for its future electric vehicles, the company said on Wednesday. ...

Will GM invest $625 million to mine EV battery raw materials?

GM to invest $625 million in joint venture to mine EV battery raw materials in U.S. Securing raw materials such as lithium from the U.S. is crucial to GM’s plans to profitably grow its all-electric vehicle business. General Motors CEO Mary Barra speaks at the company's electric vehicle assembly plant in Detroit in 2021. ...

Will GM invest $60 million in Mitra Chem?

GM will lead a $60 million investment in Mitra Chem, a two-year-old Mountain View, California, company that uses artificial intelligence to accelerate development of lithium-ion battery materials. ...

Does General Motors have a battery cell plant?

General Motors is on the fast track to hitting production and profit targets for its electric vehicles this year now that it has a second battery cell plant in operation, the company said. A third battery cell plant — to be located in Lansing — is on schedule to come online later this year. ...

Does General Motors have a joint venture with Lithium Americas?

DETROIT — General Motors has agreed to establish a joint venture with Lithium Americas Corp. that includes the automaker supplying $625 million in cash and credit to the Canadian mining business, the companies announced Wednesday. ...

Does GM have a lithium project in California?

GM is talking with other U.S. lithium companies for supply, including those who plan to produce the metal from clay, brine, and other geological sources, Grewe said. CTR, which received California state funding last year, said its project will emit 15 times less carbon dioxide than lithium mines in Australia, the world's largest producer. ...