GM invests $60M in Mitra Chem to develop low-cost EV batteries

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 …

CouponFollow Extension

90%
OFF

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

6 days from now

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 …

utilitydive.com

$60
OFF

GM Invests In AI And Battery Materials Innovator Mitra Chem

6 days from now

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 …

gm.com

$40
OFF

GM Invests In Company Developing Lower-cost EV Batteries

6 days from now

Aug. 16 (UPI) --General Motors said Wednesday it has completed $40 million of a $60 million investment in the start-up company Mitra Chem to develop and produce new iron-based EV …

upi.com

$60
OFF

GM’s Latest Investment Could Speed Development Of Cheaper EV …

6 days from now

Aug 16, 2023 · GM’s latest investment could speed development of cheaper EV batteries. It plowed another $60 million into Mitra Chem, a company focusing on US-built batteries. To …

engadget.com

$60
OFF

GM Invests $60 Million In Battery Materials Company Mitra Chem

6 days from now

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 …

freep.com

$60
OFF

General Motors To Invest $60M In Mitra Chem Battery Maker Startup

6 days from now

Aug 17, 2023 · General Motors is investing in Mitra Chem to help it produce better EV batteries that are more affordable too. On Wednesday, Aug. 16, the company confirmed that it is …

econotimes.com

$60
OFF

GM Invests In AI-lead Battery Materials Developer Mitra Chem

6 days from now

Sep 12, 2023 · General Motors has invested US$60m in Mitra Chem, a battery materials specialist that is using AI technology to lead its research and development. The partnership …

automotivetestingtechnologyinternational.com

$60
OFF

General Motors Pours Millions Into California Battery Start-Up …

6 days from now

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.

insideevs.com

$60
OFF

GM Invests In Battery Materials Startup In Quest For Lower-cost EVs

6 days from now

Aug 16, 2023 · General Motors led a $60 million Series B funding round in battery materials startup Mitra Chem to focus on developing next-generation iron-based cathodes. (COURTESY …

autonews.com

FAQs about GM invests $60M in Mitra Chem to develop low-cost EV batteries 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. ...

Will GM invest in Mitra Chem?

General Motors (GM) looks to further commercialize its EV battery production and lower prices by investing in Mitra Chem – a startup described as an “AI-enabled battery materials innovator.” Today, GM announced it is the lead investor of a Series B funding round supporting the Silicon Valley-based battery company. ...

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. ...

What is Mitra Chem's new EV battery technology?

Instead of using expensive minerals like cobalt and nickel, Mitra Chem's new EV battery tech uses iron-based cathode active materials like lithium manganese iron phosphate to power more affordable EV batteries. ...

Will Mitra Chem eliminate cobalt and nickel from EV battery manufacturing?

Mitra Chem's technology, if developed successfully, would eliminate both cobalt and nickel from EV battery manufacturing. General Motors said Wednesday it has completed $40 million of a $60 million investment in the start-up company Mitra Chem to develop and produce new iron-based EV battery technology. ...

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. ...