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GM’s latest investment could speed development of cheaper EV batteries GM’s latest investment could speed development of cheaper EV batteries
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GM’s latest investment could speed development of cheaper EV batteries
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Old 17th August 2023, 06:53   #1
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Default GM’s latest investment could speed development of cheaper EV batteries

To make its Ultium EV program a success, GM is counting on battery innovations to make the technology simpler and cheaper. As part of that program, the automaker has boosted its investment with Mitra Chem —a company focused on building batteries in the US using iron-based cathodes — via a new $60 million financing round.

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