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

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Aug 17, 2023 · The automaker's current Ultium EV batteries use a more expensive nickel-cobalt-manganese-aluminum cathode. GM expects the investment to accelerate its development of …

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GM Invests In Company Developing Lower-cost EV Batteries

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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 …

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

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Aug 16, 2023 · The automaker’s funding will help Mitra Chem scale its current operations and expedite their novel battery materials formulation to market. “This is a strategic investment that …

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

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Aug 17, 2023 · GM’s investment will help Mitra Chem scale up its operations. The latter will develop advanced iron-based cathode active materials (CAM), providing affordable and …

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GM Invests In Mitra Chem For Affordable EV Battery Chemistry

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Aug 16, 2023 · GM is leading a $60 million round of investment in Mitra Chem, a company developing affordable iron-based cathode materials for EV batteries.

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GM Leads $60 Million Capital Raise For Battery Tech Startup Mitra …

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Aug 16, 2023 · Battery materials technology startup Mitra Chem announced today that it has raised $40 million at the first close of a $60 million Series B funding round led by General …

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GM Partners With Startup Mitra Chem To Develop Affordable EV …

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General Motors is leading a $60 million Series B round into Mitra Chem, a battery materials startup promising to help build more affordable and accessible EV batteries for future GM …

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

Did GM invest in Mitra Chem?

The specifics of GM’s investment in Mitra Chem weren’t disclosed. GM is leading a $60 million funding round in Mitra Chem, a battery startup founded by Tesla and Toyota veterans that aims to make cheaper EV batteries. ...

Why is GM partnering with Mitra Chem?

Consequently, GM's collaboration with Mitra Chem has a clear mandate — the co-development of iron-based cathodes and the exploration of novel cell chemistries. 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. ...

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. ...

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 GM & Mitra Chem?

One of the key collaborations between GM and Mitra Chem revolves around the development of advanced iron-based cathode active materials (CAM), such as lithium manganese iron phosphate. These CAMs are envisioned to power cost-effective EV batteries that are synergistic with GM’s Ultium Platform. ...

Will Mitra Chem help GM bring new EV technology to market?

Gil Golan, a GM vice president charged with speeding up the process of bringing new EV technologies to market, said the auto giant is stepping up its focus on potential breakthroughs in battery technologies. “Mitra Chem’s labs, methods and talent will fit well with our own R&D team’s work,” Golan said. ...