Fast-charging tech start-up Nyobolt has raised $30 million (£22.6m) in funding from venture capital firms and partners such as truck maker Scania to accelerate its growth.
The Cambridgeshire-based firm, which last year made $9m (£6.8m) in revenue, said it will use the investment to grow its team and develop its energy storage and EV charging technologies.
Last year it hit the headlines when its prototype electric car – a 470bhp, 1246kg reworking of the original Lotus Elise – completed a 10-80% charge on a 350kW connection in just 4min 37sec – around twice as quick as the fastest-charging models on sale today.
