Topic: ev market challenges
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Inside GM's Lab: The Race to Build Better EV Batteries
GM is conducting rigorous battery testing under extreme conditions, simulating years of real-world usage in months to ensure durability and performance for electric vehicles. Despite market challenges and regulatory changes impacting EV adoption, GM is advancing lithium manganese rich (LMR) batte...
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Mitra Chem Secures $50M for Affordable US Battery Materials
Mitra Chem has raised $15.6 million toward a $50 million funding round, highlighting investor confidence in its lithium-iron-phosphate (LFP) battery technology aimed at reducing EV costs. The startup seeks to localize LFP battery production in the U.S., addressing reliance on overseas suppliers, ...
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