Farasis Energy Raises $1 Billion To Increase Lithium-Ion Battery Production

By Mark Kane Farasis Energy raises capital, builds 20 GWh battery factory and expands to Europe.
Chinese lithium-ion battery manufacturer Farasis Energy (founded in 2002) announced that the C-round financing resulted in raising more than $1 billion for further global growth.
The company already has two production sites in China (Ganzhou and Zhenjiang), employs more …read more

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