Volvo Energy invests $4.9M in Connected Energy for second-life battery business; 10% stake
Green Car Congress
JUNE 18, 2022
million) for a 10% stake in the UK-based second-life battery energy storage specialist Connected Energy. Together with Connected Energy, we will minimize the environmental impact of the batteries that have powered Volvo Group vehicles. The investment came as part of a £15-million (US$18.4-million) million) round.
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