A process that has lasted 13 months officially pans out into a deal Wednesday. Sensata Technologies, one the world's leading companies within sensor and operating system technology, has purchased a stake in Danish battery firm Lithium Balance.
US-based Sensata booked USD 2.95 billion in revenue last year and has now invested DKK 21 million (EUR 2.81 million) in Lithium Balance. This capital will play a role in allowing the battery maker to introduce its products into more EVs around the world.
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