Battery Startup Sila Raises $300M for Silicon Anodes Promising 20% More EV Range

US battery startup Sila has raised $300 million to scale production of silicon anode batteries that promise 20% more range for electric vehicles. The company is ramping up US manufacturing for partners including Mercedes and Panasonic. Silicon anodes are seen as a significant upgrade over conventional graphite-based battery technology.

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🚗 Cars New Mercedes GLA debuts July 29 – spy shots reveal production bodywork early Carscoops · 4d ago 🚗 Cars Sila raises $300M to expand battery materials factory for over 100,000 EVs TechCrunch · 7d ago 🚗 Cars China's Hongqi Claims EV Battery Charged to 60% in Under Four Minutes InsideEVs · 2h ago