By: greenbank On: August 01, 2017 In: Comments: 0

Relectrify is developing and commercialising control technology that unlocks extra performance in battery systems by boosting their second-life storage capability and lifespan once they are no longer effective as electric vehicle or plug-in hybrid car batteries. CEFC through the Clean Energy Innovation Fund committed AU$750,000 equity to Relectrify to help “prove” the business with further development of the technology and initial trials. The investment is part of a AU$1.5m pre-Series A equity raising by Relectrify.

Trackback URL: