Acton, MA – According to filings with the U.S. Securities and Exchange Commission, AM Batteries is raising $25,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Yan Wang played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About AM Batteries
AM Batteries is an innovator in the electro-chemical energy storage industry, focusing on transforming the manufacturing processes & performance of Li-ion batteries for EVs, grid storage, consumer electronics, and more. AM Batteries is working to industrialize a solvent free electrode manufacturing technology for Li-ion batteries and beyond. In this technology, the dry mixed powder will be directly coated onto the current collectors. This revolutionary technology can substantially reduce the energy footprint, hazardous material usage, & capital costs for Li-ion battery manufacturers.

To learn more about AM Batteries, visit http://am-batteries.com/

Contact:
Yan Wang, Chief Executive Officer
774-364-7591

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