GM leads $50M funding round in EnergyX

Energy Exploration Technologies, or "EnergyX," and General Motors announced that GM Ventures is leading a $50M Series B financing round in EnergyX, and has entered into a strategic agreement to develop EnergyX’s lithium extraction and refinery technology. "The collaboration is focused on unlocking the North American supply of lithium, a critical material for EV batteries, by using EnergyX’s innovative process to maximize efficiency while improving sustainability for GM’s rapidly scaling EV production," GM stated. Reference Link