13
Dec
07:51
Svolt completes series B+ financing, increases 2025 target
Chinese power battery producer Svolt announced that the company has raised its 2025 global passenger car sector output target to 600 gigawatt-hours. It later received CNY 6 billion ($943.10 million) in series B+ financing from various investors, Kallanish reports.
The 600 GWh goal was disclosed, along with some other advances within the company, during its second “Battery Day” on 8 December in Changzhou City, Jiangsu Province.
The groundbreaking …
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Anonymous
Very good overview of the weekly steel market.
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