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Volkswagen, Siemens Invest $450M Into Electrify America In Ev Charging Push

Jun 28, 2022about 3 years ago

Amount Raised

$450 Million

Description

Volkswagen Group subsidiary Electrify America said Tuesday it raised $450 million in a deal that includes its first external investor as it aims to accelerate its rollout of ultra-fast charging stations in the U.S. and Canada.

Company Information

Company

Ev Connect

About

The company currently operates 3,500 ultra-fast chargers at 800 stations.

Funding Insights

Based on industry data
Tech investment trends
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