Volkswagen Invests $ 10 Million in Battery Startup
German vehicle giant Volkswagen (DE: VOWG_p) invests $ 10 million in a startup, Forge Nano, which focuses on battery research.
Forge Nano examines a material coating technique that further improves battery performance. Volkswagen will contribute in connection with industrial tests, according to a press release.
The deal requires the approval of the authorities. The two companies have worked together since 2014.
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