HONG KONG -- A Chinese EV battery maker and storage solutions provider has concluded a 10.28 billion yuan ($1.6 billion) Series B, one of the biggest funding rounds for a privately held company in China.
DealStreetAsia
China's SVOLT EV battery maker wins $1.6b in Series B funds
Bank of China's investment arm supports development of crucial EV component
SVOLT during the next four years plans to spend more than $4 billion building more factories around the world. © Reuters
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