Business · 2h ago
Sila Raises $300M to Scale Battery Materials for EVs
Sila secured $300 million in funding to expand production of its silicon-carbon anode material. The company aims to supply enough material for over 100,000 electric vehicles. The investment comes despite a broader slowdown in EV demand.
Meridian48 take
The raise signals confidence in next-gen battery tech, but scaling to meet automaker timelines remains the real test.
Read the full reporting
Bucking EV slowdown, Sila raises $300M to expand battery materials factory →
TechCrunch
battery-technologyev-supply-chain