Page 3 - Vivas Kumar News Today

GMs Ultium batteries now use cells with nickel-cobalt-manganese-aluminum cathodes, which store more energy and enable longer driving range than LFP cells, but are more expensive.

Silicon Valley firm Mitra Chem could find a way to make batteries cheaper and cleaner.

General Motors Company (NYSE:GM) (GM) is leading a $60 million financing round in AI-powered battery materials developer Mitra Chem. The California-based...

Mitra Chem will help carmaker develop advanced iron-based cathode active materials

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

By Akash Sriram and Paul Lienert DETROIT (Reuters) - General Motors is investing in a Silicon Valley startup to help it speed development of a more af...

GM's investment in Mitra Chem is a strategic move to commercialize its EV battery production and drive down prices.

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.

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

The U.S. Treasury indicates it will change guidance for tens of billions of dollars in EV incentives, diluting made-in-America rules for battery materials.