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US: Boston-Power announces US$125m in new funding

The Massachusetts-based battery maker Boston-Power has announced US$125m in new funding from a combination of private equity investment and support from China. The growth capital and Chinese government incentives will be used mostly to scale manufacturing, R&D, and business development activities in China. The private equity round was led by GSR Subscribe to Automotive World … Continued

The Massachusetts-based battery maker Boston-Power has announced US$125m in new funding from a combination of private equity investment and support from China. The growth capital and Chinese government incentives will be used mostly to scale manufacturing, R&D, and business development activities in China.

The private equity round was led by GSR

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https://www.automotiveworld.com/articles/89377-us-boston-power-announces-us-125m-in-new-funding/

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