Tag: Lithium

GM is investing in a California lithium extraction project

General Motors is investing in domestically sourced lithium. The company said Friday it became the first investor in an Australian company’s project to extract the mineral, a critical component of electric vehicle batteries, from the Salton Sea Geothermal Field near Los Angeles. The automaker will have first rights on lithium…

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With Tony Fadell’s help, Advano is building battery components to power an electric future

Using scrap silicon as its feedstock, a New Orleans-based company called Advano has raised $18.5 million to manufacture battery components to enable more powerful, smaller, and longer lasting batteries. The technology was innovative enough to earn the Louisiana-based startup a place in Y Combinator’s famed accelerator and has now attracted…

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