Mitra Chem

Breaking China's Stranglehold On EV Battery Tech

About this Event

Mitra Chem is committed to creating a sustainable, North American battery materials supply chain.

The future of electric vehicles is dependent on the development of better battery technology. Mass market adoption won’t happen until capacity increases, charge times are reduced, and prices come down. Mitra Chem is commercializing iron-based cathode materials that achieve all three in batteries intended for the electrification of transportation and home energy storage. Their goal is to offer an alternative to a market currently sourcing 100% from China at a 30% tariff.

Mitra Chem is an innovator that in just 18 months reverse engineered a best-in-class cathode that is equal to the Chinese. They are already working with Saint Gobain, a $40B inorganic materials manufacturer to produce the next generation cathode thanks to their internal ability to shorten the lab-to-production timeline by 90% or more. Mitra Chem is currently building a small scale commercial plant with a manufacturing partner in Korea to begin production. Once they meet certain milestones, including potential to receive $200M in grant funding in August, Mitra Chem will begin construction of a large scale facility in the U.S. serving battery suppliers to the domestic auto industry.

Please watch our webinar with Vikas Kante, CEO of Mitra Chem, to hear more about the company’s strategy to leverage the recent domestic battery production mandates and its partnerships with some of the biggest names in the automotive and battery industries including GM, GS Group, and TechMet Mercuria.

Hosted by Force Family Office CEO, Steven Saltzstein

Video On Demand

– Recorded

June 6


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