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EIKTO raises $56m to power more electric forklifts, ships

EIKTO raises $56m to power more electric forklifts, ships

Photo from Anhui EIKTO Battery's website

China’s Anhui EIKTO Battery, which develops industrial lithium-ion batteries, has secured 400 million yuan ($56.1 million) in a new funding round to strengthen its market position as a provider of electric forklifts and new energy ships.

Edited by: Pramod Mathew

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