Chinese lithium-ion battery materials maker Kuntian raises $137m

Chinese lithium-ion battery materials maker Kuntian raises $137m

Photo by Andrew Roberts on Unsplash

Hebei Kuntian New Energy, a Chinese manufacturer of anode materials used in lithium-ion batteries, has secured over 1 billion yuan ($137.4 million) in a strategic investment from investors including Sinopec Capital to expand its production capacity.

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