General Motors announced that GM Ventures is leading a $50 million Series B financing round in EnergyX – a company specializing in direct lithium extraction and refinery technologies. As part of the investment, GM will help fund the commercialization of EnergyX’s sustainable extraction technology in exchange for lithium to be exclusively used for EV production.
The post GM invests millions in EnergyX to unlock North American lithium supply via sustainable extraction appeared first on Electrek.
Source: Charge Forward
