Group14 has raised a total of $463 million from investors including SK, Porsche, and others, planning to establish the production of silicon anodes for electric vehicles. This was reported by Zamin.uz.
These silicon anodes significantly increase the power and lifespan of batteries. This contributes to improving the efficiency of electric vehicles.
According to the company, the obtained investments will be spent on developing the technology and meeting future market demands. Group14's new technology is expected to play a crucial role in enhancing the performance of electric vehicles.
This will help promote the widespread adoption of environmentally friendly vehicles. Additionally, the company is working on expanding production capacity and further improving quality.
As a result, the electric vehicle market could become more competitive and efficient. This investment opens new opportunities in the sector and drives technological progress.
Group14's approach brightens the future of electric transportation.
