Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Volvo Cars invests in US-based electric car charging company FreeWire
October 25, 2018

Volvo Cars has acquired a stake in electric car charging company FreeWire Technologies via the Volvo Cars Tech Fund, deepening the company’s commitment to a fully electric future. FreeWire is a San Francisco-based company that has been a pioneer in flexible fast-charging technology for electric cars. Earlier this year, the Swedish automaker, who is now backed by China’s Geely, announced it aims for 50% of sales to be ‘fully electric’ by 2025.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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