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

Aug 17, 2023 · GM leads $60M investment in Mitra Chem to develop low-cost EV batteries ... General Motors is leading a $60 million series B financing round in Mitra Chem, ... In 2022, the …

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Aug 17, 2023 · GM leads $60M investment in Mitra Chem to develop low-cost EV batteries ... General Motors is leading a $60 million series B financing round in Mitra Chem, ... In 2022, the …

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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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Apr 9, 2024 · Brief description of the dive: General Motors is the leader $60 million Series B financing round at Mitra Chem, a Silicon Valley company that produces

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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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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 …

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GM Invests $60 Million In Battery Materials Company Mitra Chem

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Aug 16, 2023 · GM's investment is aimed to help the battery innovation company develop technology to bring prices down and get more people into EVs.

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

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Aug 17, 2023 · PhonlamaiPhoto/iStock. To accelerate the commercialization of cheap electric vehicles (EVs) batteries, General Motors is investing $60 million into Mitra Chem. This Silicon …

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GM Invests In AI-lead Battery Materials Developer Mitra Chem

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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 …

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GM Leads $60M Investment In Mitra Chem's Innovative Low Cost …

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Mitra Chem's Cost-Efficient EV Batteries Gain $60M Boost with GM-Led Investment

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

What is GM doing with Mitra Chem?

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 Shakir, a news writer fond of the electric vehicle lifestyle and things that plug in via USB-C. He spent over 15 years in IT support before joining The Verge. ...

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. ...

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. ...

How does Mitra Chem's battery R&D facility work?

Mitra Chem's battery R&D facility can synthesize and test thousands of cathode designs monthly, ranging in size from grams to kilograms – these processes drive significantly shortened learning cycles, enabling shorter time to market for new battery cell formulas. ...

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. ...

Why did Mitra Chem invest in iron-based cathode materials?

The investment will fuel Mitra Chem's mission to develop, deploy and commercialize U.S.-made iron-based cathode materials in an effort to enable mass-market electrification for electric vehicles, energy storage solutions, and beyond. ...