Big news from our investee company Applied EV!

Big news from our investee company Applied EV!

"Suzuki Motors has taken a strategic stake in Melbourne-based vehicle maker Applied EV, paving the way for the Japanese automobile giant to use the Australian technology as part of Suzuki’s push into the global electric- and autonomous-vehicle markets."

Suzuki came on board as part of a $21 million funding round which values the company at $170 million.

This is another terrific example of Australian innovation in the next-gen, electrified mobility space, and validation of global demand for Australian technology!

Learn more: https://lnkd.in/gXPcvesp