Sichuan Energy Investment, Han’s Laser Technology, Changzhou Xingyu and CDH Investments led a $940m Series B funding round in SVOLT.

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.