Volvo Cars has made an investment in StoreDot, an Israeli company developing extreme-fast-charging battery technology for electric cars. The investment has been made through the car maker’s Volvo Cars Tech Fund venture capital arm.
StoreDot is working on a technology that, according to the company, should result in batteries that can charge to 99 miles (160km) of pure electric range in just five minutes. The investment gives Volvo Cars the opportunity to collaborate closely with StoreDot...
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