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GM Invests in Battery Materials Firm Mitra Chem
The companies will develop advanced iron-based cathode active materials (CAM), such as lithium manganese iron phosphate (LMFP), to power affordable and accessible EV batteries compatible with GM’s EV propulsion architecture, the Ultium Platform. GM’s funding will help Mitra Chem expand its current operations and to “expedite their novel battery materials formulation to market.” Continue reading →