VinFast, Mercedes-backed ProLogium eyes funds at $2 bln value

VinFast, Mercedes-backed ProLogium eyes funds at $2 bln value

Global solid-state battery maker ProLogium, whose backers include giant Mercedes-Benz Group and Vietnamese electric vehicle (EV) producer VinFast, expects to raise fresh funding at a valuation of about $2 billion, Bloomberg said Wednesday.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

VinFast, ProLogium team up in battery development

VinFast, ProLogium team up in battery development

Electric vehicle maker VinFast announced Wednesday an investment of tens of millions of U.S. dollars in ProLogium, a global solid-state battery manufacturer.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7