GM Invests in AI and Battery Materials Innovator Mitra Chem

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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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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GM Invests In AI And Battery Materials Innovator Mitra Chem

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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. The company’s AI-powered …

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GM Invests $60 Million In California Battery Materials Maker Mitra …

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Aug 16, 2023 · DETROIT - General Motors is investing $60 million in a Silicon Valley-based battery materials company to help GM bring more affordable electric vehicles to market faster. …

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GM Invests $60 Million In Battery Materials Company Mitra Chem

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Aug 16, 2023 · 0:42. General Motors is investing $60 million in a Silicon Valley-based battery materials company to help GM bring more affordable electric vehicles to market faster. GM on …

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Mitra Chem Announces First Close Of $60 Million Series B Round …

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Aug 16, 2023 · Mitra Chem is one of the only companies taking a multi-faceted approach by combining R&D, machine learning acceleration, and manufacturing to supply battery materials …

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GM Is Investing In Battery Development Startup Mitra Chem - The …

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Aug 16, 2023 · GM is leading a $60 million investment round in California startup Mitra Chem to speed up efforts to transition to more cost-effective battery chemistries like LFP. By Umar …

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GM Leads $60M Investment In AI And Battery Materials Innovator …

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Aug 16, 2023 · General Motors Co. in Detroit is leading a $60 million Series B financing round in Mitra Chem, a Silicon Valley-based battery materials developer to take advantage of the …

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GM Invests $60M In Mitra Chem To Develop Low-cost EV Batteries

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Aug 17, 2023 · GM invests $60M in Mitra Chem to develop low-cost EV batteries Mitra Chem says its technology can reduce electric vehicle battery development times by 90%. Published …

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GM Invests In AI And Battery Materials Innovator Mitra Chem

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Aug 17, 2023 · DETROIT – General Motors is leading a $60 million Series B financing round in Mitra Chem, a Silicon Valley-based, AI-enabled battery materials innovator.The company’s AI …

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

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Aug 17, 2023 · GM invests $60 million in AI battery startup for affordable EVs. A shift from NCM-based batteries to LFP-based materials. Published: Aug 17, 2023 11:27 AM EST

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GM Invests In AI And Battery Materials Innovator Mitra Chem

6 days from now

Aug 16, 2023 · 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. …

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GM Invests In AI And Battery Materials Innovator Mitra Chem

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Aug 16, 2023 · 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 …

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FAQs about GM Invests in AI and Battery Materials Innovator Mitra Chem Coupon?

Why is GM investing $60 million in Mitra Chem?

General Motors is investing $60 million in a Silicon Valley-based battery materials company to help GM bring more affordable electric vehicles to market faster. GM on Wednesday announced the stake in Mitra Chem, an AI-enabled battery materials innovation company. ...

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. ...

Does GM own Mitra Chem?

GM on Wednesday announced the stake in Mitra Chem, an AI-enabled battery materials innovation company. It is part of a Series B financing, which further establishes a startup after it has obtained its first-round seed funds. ...

Who is Mitra Chem?

MOUNTAIN VIEW, Calif., Aug. 16, 2023 /PRNewswire/ -- Mitra Future Technologies Inc. ("Mitra Chem"), a leading innovator in North American production of lithium-ion battery materials, today announced the completion of a $40 million first close of $60 million Series B funding round led by GM. ...

What does Mitra Chem do for GM?

Mitra Chem will help GM develop advanced iron-based cathode active materials, like lithium manganese iron phosphate, to power affordable EV batteries that will be compatible with GM's Ultium EV propulsion system. GM’s investment is aimed to help Mitra Chem build its current operations and get innovative battery materials to market faster. ...

Why did GM invest 60 million in Series B?

The round will bring in 60 million US dollars for the California-based technology company, however, GM’s share remains open. What is clear, however, is that the US carmaker “led” the Series B round and wants to use the investment to accelerate the commercialisation of affordable batteries for its electric cars. ...