Chinese EV battery-maker SVOLT closes $1.6b Series B round led by BOCGI

Chinese EV battery-maker SVOLT closes $1.6b Series B round led by BOCGI

Chinese EV battery maker and storage solutions provider SVOLT Energy Technology has raked in 10.28 billion yuan ($1.6 billion) in a Series B round just five months after the completion of its big-ticket Series A round.