EnergyX Receives $50 Million to Boost Lithium Supply for EV Batteries

General Motors will also help develop, refine, and deploy EnergyX’s technology as part of the investment.

April 17, 2023

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General Motors said its venture capital arm GM Ventures, would lead a $50 million Series B financing round for EnergyX, a Texas-based startup developing a more efficient method to extract and process lithium from salt flats.

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