GM leads $60M investment in Mitra Chem to develop low-cost EV …

Aug 17, 2023 · General Motors is leading a $60 million series B financing round in Mitra Chem, a Silicon Valley-based developer of iron-based cathode active materials used to manufacture …

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GM Leads $60M Investment In Mitra Chem To Develop Low-cost EV …

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Aug 17, 2023 · General Motors is leading a $60 million series B financing round in Mitra Chem, a Silicon Valley-based developer of iron-based cathode active materials used to manufacture …

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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 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 innovator.

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GM Invests $60 Million In Battery Materials Company Mitra Chem

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Aug 16, 2023 · 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 Leads Funding Series For Silicon Valley Battery Materials Company

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Aug 16, 2023 · General Motors Co. said Wednesday it's leading a $60 million Series B financing round in Mitra Chem, a Silicon Valley-based lithium-ion battery materials product company. …

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

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Aug 17, 2023 · 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.

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

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Aug 17, 2023 · On Wednesday, Aug. 16, the company confirmed that it is leading a $60 million financing round for the startup. According to CNBC , Mitra Chem was established by Toyota …

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

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

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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 …

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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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GM Co-leads $39 Million Funding For EV Battery Materials Startup …

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Jul 25, 2024 · LONDON (Reuters) - Israeli battery technology company Addionics has raised $39 million from investors including General Motors' venture capital arm to help commercialise its …

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GM Co-leads $39M Funding For EV Battery Materials Startup …

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Israeli battery technology company Addionics has successfully raised $39 million in a B Series funding round to further the commercialization of its innovative copper and aluminum …

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FAQs about GM leads $60M investment in Mitra Chem to develop low-cost EV … Coupon?

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. ...

Why is GM funding Mitra Chem?

GM's funding will enable Mitra Chem to scale its current R&D and pilot operations to expedite bringing their battery materials to market. Mitra Chem has been at the forefront of battery technology research, focusing on developing sustainable and high-performance energy storage solutions. ...

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 $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. ...

Could AI help GM develop more cathode active materials?

GM is leading a $60 million investment round for battery research company Mitra Chem. The California-based startup could help spur the development of more cathode active materials (CAM) for GM’s electric vehicles. Mitra Chem’s battery research and design facility touts the use of AI to test out thousands of different cathode designs every month. ...

Will GM use LFP batteries?

The IRA provides incentives for battery materials, components, cells and packs that are sourced in North America. Golan said batteries made from iron-rich materials developed with Mitra Chem could appear in some GM vehicles in the second half of the decade. He said GM already uses LFP batteries in its electric vehicles in China. ...