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Electrify America raises USD 450 million from Siemens, VW to expand charging network

Jun 29, 2022

On June 28, Electrify America LLC announced it has raised USD 450 million of equity investments into the company at a post-money valuation of USD 2.45 billion.
Siemens, through its financing arm Siemens Financial Services (SFS), becomes the first external investor in Electrify America, investing a low triple-digit mi....

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