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Volkswagen Group Takes 25% Stake In 24M Technologies

24M Technologies, Inc., a Cambridge, Massachusetts-based battery startup, has closed its deal with Volkswagen Group.  The German carmaker acquired a 25% stake in 24M and will establish a wholly-owned subsidiary that will, in cooperation with 24M, develop a SemiSolid battery cell production technology for automotive applications. Through the strategic partnership, VWAG will manufacture next-generation lithium-ion […]The post Volkswagen Group Takes 25% Stake In 24M Technologies appeared first on Electric Cars Report.