Maxvolt Energy Secures USD 1.5 Million for Lithium Battery Innovation

Maxvolt Energy Industries Pvt. Ltd raised USD 1.5 million from angel investors to expand its lithium battery production and recycling initiatives. This funding will support the development of fast-charging, eco-friendly lithium-ion batteries aimed at reducing charging times significantly. The company plans to roll out these solutions by the end of 2024, aligning with global trends toward sustainable energy and reduced carbon footprints.