Volvo Energy invests $4.9M in Connected Energy for second-life battery business; 10% stake

Green Car Congress
By mmillikinJun 18, 2022, 9:00 am213 pts
In its mission to support and secure an attractive and sustainable circular business model for batteries, Volvo Energy is investing approximately SEK 50 million (US$4.9 million) for a 10% stake in the UK-based second-life battery energy storage specialist Connected Energy. The investment came as part of a…

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