GM leads $50M funding round in EnergyX; advanced lithium extraction and refining technology
Green Car Congress
APRIL 12, 2023
GM Ventures is leading a $50-million Series B financing round in EnergyX , and has entered into a strategic agreement to develop EnergyX’s lithium extraction and refinery technology. Earlier post.) his single bottleneck (a massive lithium shortage) is the biggest challenge to scaling EV production.
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