Svolt Energy plans to raise RMB 15 billion, seeking a valuation of RMB 60 billion.
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Svolt Energy plans to raise RMB 15 billion, seeking a valuation of RMB 60 billion.
The post Battery maker Svolt, spun off from Great Wall, files for IPO in China appeared first on CnEVPost.
For more articles, please visit CnEVPost.
The first phase of the plant has a planned annual capacity of 5 GWh and is expected to be operational by the end of 2023.
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China will strictly investigate and punish hoarding, price gouging and unfair competition in the upstream and downstream lithium battery industry to maintain market order, a government document said today.
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