Automakers

Britishvolt to buy German battery cell maker EAS

Britishvolt UK plant sketch
A rendering of Britishvolt's planned battery factory in the northeast of England. (BRITISHVOLT)
R
By:
Reuters
May 24, 2022 03:04 PM

LONDON -- Electric vehicle battery startup Britishvolt said it will buy German battery cell developer and manufacturer EAS from Bulgaria's Monbat for 36 million euros ($38.6 million) to help it scale up its own production.

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