General Motors is investing in a startup working on better and cheaper EV batteries

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General Motors is investing in a startup working on better and cheaper EV batteries
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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.

Get Philly local news, weather forecasts, sports and entertainment stories to your inbox.LFP cells have proven to be quite durable in EVs. But they have a disadvantage: Their power density is lower than standard cells. That means an EV needs more LFP battery cells, and thus more weight, to match the range of a similar model powered by conventional batteries.— presenting a challenge for automakers aiming to build EVs that qualify for U.S. subsidies.

Mitra Chem is working on a variation of the LFP battery chemistry that adds manganese to the batteries' cathodes, in a bid to increase the battery cells' power density while retaining the LFP cost advantage. The company is using what it calls an"AI-powered platform" that, it says, greatly accelerates the process of trying new battery chemistries as it aims to hit just the right formula.

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