Vestel Ventures has invested in Splitvolt, a US-based company that enhances the accessibility of electric vehicle (EV) charging. Vestel’s venture capital arm, Vestel Ventures, has joined the investors of Splitvolt, which provides energy efficiency and EV charging solutions in the United States.
In a statement from the company, which included remarks from Zorlu Holding Technology and Business Development Group President Burak Aydin, it was emphasized that strategic investments in international collaborations and growth areas continue.
“This investment paves the way for Vestel Mobility to enter homes in the US in the coming period. Our collaboration with Splitvolt will enable Vestel Mobility products to be introduced to the American market more quickly and effectively,” the statement said. It also highlighted that Splitvolt offers a product range used by tens of thousands of customers across the US and North America.
Splitvolt Inc. Founder and CEO Daniel Liddle commented, “It is evident how Vestel has proven itself as a successful global enterprise worth billions of dollars across Europe and beyond. This bilateral partnership creates opportunities for both companies to leverage technology synergy and expand into new markets.”
Source: Bloomberght/ Prepared by: İlayda Gök