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IC - Asia Briefs - May 01, 2019



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Thailand’s Bangchak Corp. invested in California-based Enevate Corp. through its initiative and innovation center. Enevate developed a battery technology to address extremely fast charge times for electric vehicles, envisioning a future in which EV drivers will be able to “fill up” on electricity in five minutes. “Bangchak’s investment in Enevate reflects our mission to seed innovative technologies and support continuous development of solutions in pursuit of environmental stewardship and sustainability in the energy business,” president and CEO Chaiwat Kovavisarach said. Terms of the investment were not disclosed. Malaysian NOC......
 
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