The new batteries and packs utilize more-prevalent, less-expensive minerals and are lighter and more cost-effective.| CNBC
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.| CNBC
GM announced its "aspirations" Thursday as part of a larger plan for the Detroit automaker to be carbon neutral by 2040 in its global products and operations.| CNBC
Ultium Cells, a joint venture between GM and LG Energy Solution, is upgrading its Spring Hill, Tennessee, facility to make low-cost EV battery cells.| CNBC
A banner advertises the Ford Mustang Mach-E electric vehicle at a Ford dealership on August 21, 2024 in Glendale, California. Mario Tama | Getty Images DETROIT – Ford Motor lost its lead in electric vehicle sales to crosstown rival General Motors during the third quarter, as the automaker’s EV growth slowed. Ford on Wednesday reported ... Read more| NewsConcerns
Foundation was started in April by Synapse CEO Sankaet Pathak, Tribe Capital CEO Arjun Sethi, and LeBlanc, cofounder of Cobalt Robotics.| CNBC