Storedot Announces Latest Funding Round Led By Vinfast, Plans To Manufacture Extreme Fast Charge Battery Cells At Scale By 2024
Jan 04, 2022•over 3 years ago
Description
StoreDot, the pioneer of extreme fast charging (XFC) battery technology for electric vehicles, has announced the first close of its Series D funding round of up to $80 million, the majority of which have already been secured. The round is led by key strategic investors, strengthening StoreDot's partnerships in the global automotive battery eco-system. The lead investor is the fast-growing flagship Vietnamese electric vehicle manufacturer, VinFast, which plans to scale up manufacturing and deploy StoreDot's Extreme Fast Charging in future EV architectures.
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81
Medium Activity
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