08
Mar
10:09
China's silicon-based anode leader Yuling secures funding
Chinese silicon-based anode material leader Yuling New Energy is said to have received “tens of millions of yuan” in a recently received funding led by Hisun Lithium Battery, Kallanish learns.
Proceeds from the undisclosed A+ round of financing will help the company ramp up production capacity at its recently commissioned plant. The Anhui-based facility is designed to produce 10,000 tonnes/year of silicon carbon anode. In addition, funds would go…
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