GM backs EV battery startup as it shifts future focus to cheaper materials
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...
Source: wsau.com
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GM Taps AI Tech In Mitra Chem Investment To Turbocharge EV Battery Evolution - Tesla (NASDAQ:TSLA), General Motors (NYSE:GM), Toyota Motor (NYSE:TM)
GM's investment in Mitra Chem is a strategic move to commercialize its EV battery production and drive down prices.
Source: benzinga.com
GM investing in Mitra Chem, startup building cheaper LFP EV batteries
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.
Source: cnbc.com
Magrathea Raises $10M Seed Funding
FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!
Source: finsmes.com
Made-in-U.S. rules for EV batteries shift in new law's fine print
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.
Source: autoblog.com