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GM invests big bucks in battery startup in a bet on new chemistry

GM Battery

General Motors (GM) looks to further commercialize its EV battery production and lower prices by investing in Mitra Chem – a startup described as an “AI-enabled battery materials innovator.” Today, GM announced it is the lead investor of a Series B funding round supporting the Silicon Valley-based battery company.

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BMW breaks ground on new US battery facility, furthering South Carolina as its new EV hub

BMW South Carolina

BMW Group moves one step closer to enabling US EV production while simultaneously helping promote the state of South Carolina as a new hub for battery and vehicle manufacturing. The Plant Woodruff facility, announced last fall, is officially under construction and will eventually complement new and existing factories operated by BMW and AESC in The Palmetto State.

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Chinese unicorn startup says it has created an EV battery that operates normally in winter

EV battery winter

A young battery startup in China claims its latest cell technology is able to alleviate a major issue for EV owners today – the loss of charging performance and range in inclement weather, especially cold climates during winter. By utilizing superconducting materials, Greater Bay Technology says its new cells can charge and function as normal within six minutes, no matter the temperature outside.

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Gotion unveils LMFP EV battery it says can deliver 1,000 km per single charge for a lower price

LMFP battery

Tell us if you’ve heard this one before. A battery developer has unveiled a “breakthrough” in chemistry that will deliver some of the best range in the EV industry. Gotion High-Tech is the latest company to promise more range, but if its LMFP battery chemistry can reach production as planned, it could become a viable option to enable more affordable EVs.

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