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Fidelity Leads $81M Investment in Enevate to Accelerate Commercialization of Fast-Charging Electric Vehicle Battery Technology

Fidelity Leads $81M Investment in Enevate to Accelerate Commercialization of Fast-Charging Electric Vehicle Battery Technology Advances Silicon Anode Cell Technology for EVs Enevate, a pioneer in advanced silicon-dominant lithium-ion (Li-ion) battery technology featuring extreme fast charge and high energy density for electric vehicles (EVs) and other markets, announced that it has secured a $81M Series E funding led by Fidelity Management Research Company, providing the company with additional new resources aimed at accelerating global mass adoption of Enevate s unique battery technology in electric vehicles. Existing investors, Mission Ventures and Infinite Potential Technologies, also participated in the round. Enevate said that the investment would enable the company to significantly expand its pre-production line designed to guide EV and other battery customers toward implementing larger-scale battery manufacturing utilizing Enevate s silicon anode-based batteries. The f

Enevate Named in the 2021 Global Cleantech 100 List of Innovators for Second Year in a Row

Enevate Named in the 2021 Global Cleantech 100 List of Innovators for Second Year in a Row [December 29, 2020] Enevate Named in the 2021 Global Cleantech 100 List of Innovators for Second Year in a Row Enevate, a pioneer in advanced silicon-dominant lithium-ion (Li-ion) battery technology featuring extreme fast charging and high energy density for electric vehicles (EVs), was selected from among thousands of companies around the world for Cleantech Group s 2021 Global Cleantech 100 list. This is the second year in a row that Enevate has been named to the prestigious list. Enevate develops innovative battery technologies to accelerate adoption of electrified mobility and has a vision to enable a cleaner and more sustainable environment. Enevate enables battery-powered applications and products that are accessible and affordable to everyone. Its 4

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