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 Investing In Mitra Chem, Startup Building Cheaper LFP EV …

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Aug 16, 2023 · GM is leading a $60 million investment round in Mitra Chem, a California startup working on cheaper EV batteries. Mitra Chem is aiming to develop low-cost lithium iron …

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GM Funds Mitra Chem's Breakthrough EV Battery Tech

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Aug 18, 2023 · Mitra Chem's $40M Series B funding, led by GM, marks a step forward in their mission to develop and commercialize iron-based cathode materials made in the US, with a …

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GM Invests $60M In EV Battery Startup Mitra Chem - Investing.com

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The new funding round for Mitra Chem “is a strategic investment that will further help reinforce GM’s efforts in EV batteries (and) accelerate our work on affordable battery chemistries like ...

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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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GM Invests In Mitra Chem, Accelerating Development Of …

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Aug 16, 2023 · General Motors Company GM has led the $40 million first close of $60 million Series B funding in Mitra Chem, a Silicon Valley-based, AI-enabled battery materials …

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GM Makes Game-changing Investment In EV Batteries To Make …

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Oct 16, 2023 · GM is investing $60 million into a company that is working to make EV batteries significantly cheaper. ... time it takes to produce the new battery tech. Mitra Chem also uses AI …

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

Why did GM invest $60m in EV battery startup Mitra Chem?

GM invests $60M in EV battery startup, Mitra Chem General Motors (NYSE: GM) announced Wednesday that the American automaker will be investing in Silicon Valley startup, Mitra Chem with an aim to help the new company speed the development of a more affordable battery chemistry for use in electric vehicles. ...

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. ...

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. ...