ProLogium Technology, a solid-state battery(SSB) manufacturer, announced that it has finished its Series D financing led by BOCGI and FAW Group. Beforehand, the firm had received continuous investment from SBCVC and dGav Capital. The new round of financing will be used for construction of their second mass production plant, the 1-2GWh line will accelerate commercialization of solid-state battery.
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Now, ProLogium is bringing the novel technology developed for EVs into the market of electric two wheeled vehicles, and collaborating with several brand companies in Taiwan, Japan and Europe to conduct tests for commercialization.
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This year, an explosion proof IoT sensor powered by ProLogium’s SSB has obtained IECEx Global Explosion-Proof Certification (Zone1 T4 / T5). This product exhibits high degree of freedom in loading/unloading, and is compact and lightweight. It can be used for gas detection in all kinds of explosive sites, successfully overcoming the shortcomings of traditional explosion-proof products that are bulky and unable to operate flexibly.
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At CES2020, ProLogium will share the result of SSB pack solution for EVs, electric buses, electric two wheeled vehicles, and ESS applications, which will be the most comprehensive demonstration of solid-state battery applications and performance in history.
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