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Synopsis
Sichuan Energy Investment, Han’s Laser Technology, Changzhou Xingyu and CDH Investments led a $940m Series B funding round in SVOLT, a high-tech energy company. “The company will consistently strengthen its R&D efforts, build a global technology-innovative brand image and consistently implement its global production capacity plan of 600 GWh in 2025,” Hongxin Yang, SVOLT Chairman and CEO.
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