Volvo Energy invests $4.9M in Connected Energy for second-life battery business; 10% stake
Green Car Congress
JUNE 18, 2022
The investment came as part of a £15-million (US$18.4-million) 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.
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