GM Ventures invests $10 million in Forge Nano to advance battery technology using atomic layer deposition, aiming to improve EV battery performance and reduce costs. GM Ventures invests $10 million in Forge Nano to advance battery technology using atomic layer deposition, aiming to improve EV battery performance and reduce costs.

GM Ventures Invests $10 Million in Forge Nano to Advance Battery Technology

GM Ventures invests $10 million in Forge Nano to advance battery technology using atomic layer deposition, aiming to improve EV battery performance and reduce costs.

GM Ventures has announced a $10 million investment in Forge Nano, a materials science company known for its atomic layer deposition (ALD) technology. This investment is part of a strategic partnership to explore ALD applications for General Motors’ batteries.

ALD is a technique that applies ultra-thin coatings to battery materials, allowing precise control over their chemistry and structure at an atomic level. Forge Nano’s Atomic Armor technology will be used to develop coatings that aim to improve battery performance and reduce costs.

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GM Ventures invests $10 million in Forge Nano to advance battery technology using atomic layer deposition, aiming to improve EV battery performance and reduce costs.
GM Ventures Invests $10 Million in Forge Nano to Advance Battery Technology.

As part of the collaboration, Forge Nano will build prototype lithium-ion battery cells at its headquarters in Thornton, Colorado, demonstrating the potential of its technology for GM’s future electric vehicles.

The partnership aligns with GM’s ongoing commitment to advancing innovative battery solutions to enhance EV performance and affordability. It also supports Forge Nano’s plans to expand its technology into new areas, including semiconductors.

Anirvan Coomer, GM Ventures’ managing director, highlighted that this investment could be transformative for GM’s battery materials, especially in enhancing the capabilities of the cathode, the most expensive component in battery cells.

Forge Nano CEO Paul Lichty echoed the sentiment, noting that GM’s support will help further improve battery performance and durability, positioning both companies at the forefront of EV innovation.

This collaboration underscores GM’s broader strategy to push the boundaries of battery technology and promote the widespread adoption of electric vehicles.

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