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StoreDot to manufacture extreme fast charge battery cells at scale

Mark Moran
04 January 2022

 

StoreDot, a company specialising in extreme fast charging (XFC) battery technology for electric vehicles, has announced the first close of its Series D funding round of up to $80m, the majority of which have already been secured.

The funding round is led by key strategic investors, strengthening StoreDot's partnerships in the global automotive battery eco-system. The lead investor is Vietnamese electric vehicle manufacturer VinFast, which plans to scale up manufacturing and deploy StoreDot's...

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