These UK battery tech & EV charging startups are accelerating shift to cleaner energy future in 2021

Staff Reporter from uktech said that Electric vehicles (EVs) are gaining momentum globally in the transportation industry owing to the increasing demand for lightweight fuel-efficient vehicles and other factors including, the growing concern for environmental-related norms and regulations.

Wallbox raised £29M
Recently Wallbox, a Barcelona-based company whose primary goal is to design, manufacture and distribute smart charging solutions for electric vehicles, has recently secured €33 million (approx £29 million) funding.

The round was co-led by Cathay Innovation and Wind Ventures with participation from Iberdrola and Seaya Ventures. To date, the company has raised €56 million (approx £49 million) in funding.

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