24
May
15:17
UK battery start-up Britishvolt said Tuesday it acquired Germany-based advanced battery cell technology developer EAS for €36 million ($36.6m) from Monbat Group, Kallanish reports.
The deal, which is expected to close soon, will be funded through a combination of cash and shares in Britishvolt, making Monbat Group a minority shareholder in the company. In return, the battery manufacturer will gain access to EAS’s pioneering large format lithium-io…
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