AMTE Power wins tender to be lead battery cells supplier in new government project

Thu, 24th Jun 2021

Lithium-ion and sodium-ion battery cells supplier AMTE Power said it had been selected to be lead supplier in a new government funded three-year project called Ultra focused on bringing two AMTE Power lithium-ion batteries to automotive readiness. The project, be part funded by the UK Government's Advanced Propulsion Centre, has a grant of £5.0 million, which will divided between AMTE Power and three other automotive supply chain companies. AMTE Power would receive £2.3 million of the total grant, over the next three years. Story provided by StockMarketWire.com

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