Bucking EV slowdown, Sila raises $300M to expand battery materials factory
Battery materials startup Sila announced Tuesday that it raised $300 million to expand its factory in Washington state to produce enough anode material for more than 100,000 EVs. Sila’s expansion arrives as electric vehicle demand in the U.S. has softened in the wake of the Trump administration’s efforts to hamstring the propulsion technology. While sales…
