GlobalData: Venture capital deals value in advanced batteries skyrocketed 850% YoY in 2021
Green Car Congress
APRIL 27, 2022
China-based SVOLT manufactures lithium-ion batteries for EVs and energy storage. In December 2021, it received $930 million from Sichuan Energy Investment, Han’s Laser Technology, and others to expand the production facilities and R&D centers for its energy-dense and safe lithium iron phosphate batteries.
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