Exide Industries Ltd. (Exide) announced that it has entered into a multi-year technical collaboration agreement with SVOLT Energy Technology Co. Ltd (SVOLT). As part of the agreement, SVOLT will grant Exide an irrevocable right and license to use, exploit and commercialise necessary technology and know-how owned by them for lithium-ion cell manufacturing in India, the…
Tag: SVOLT Energy
SVOLT Energy Closes 10.28 Billion RMB B Round Financing in Less Than 5 Months
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•SVOLT Energy Technology Co., Ltd., an EV battery manufacturer, held a B Round Financing Transaction Ceremony in Changzhou, Jiangsu on July 28, 2021. Following the completion of A Round Financing of RMB 3.5 billion ($US 538 million) at the end of February this year, the company rapidly closed this third round of market-based equity funding,…