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Hong Kong tycoon-backed start-up bets on new battery to challenge energy-storage giants

Hong Kong tycoon-backed start-up bets on new battery to challenge energy-storage giants

Hong Kong tycoon-backed start-up bets on new battery to challenge energy-storage giants

EnerVenue, a start-up co-founded by Full Vision Capital, the family office of Hong Kong tycoon Peter Lee Ka-kit, has begun manufacturing a new battery it expects to challenge existing energy-storage technologies dominated by mainland Chinese players, amid surging global demand for green energy. The California-based company can now produce 250 megawatt-hours (MWh) of nickel-hydrogen batteries…

www.scmp.com/business/china-evs/article/3368843/hong-kong-tycoon-backed-start-bets-new-battery-challenge-energy-storage-giants?utm_source=rss_feed

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