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 £15-million (US$18.4-million) round..
/PRNewswire/ Volvo Energy invests in the UK-based, second-life battery energy storage specialist Connected Energy in order to further accelerate Volvo.
A further highly successful round of investment for Connected Energy has secured £15m from five new major investors and will be welcome news to all those keen