$81M Series E funding

According to its official press release, Enevate has secured a $81M Series E funding led by Fidelity Management & Research Company. It is a pioneer in advanced silicon-dominant lithium-ion battery technology featuring extreme fast charge and high energy density for EVs.

Thus, the company got additional new resources to accelerate global mass adoption of its unique battery technology in EVs. Existing investors, Mission Ventures and Infinite Potential Technologies, also participated in this round.

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