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GM's 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
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