Moxion targets construction with battery power sets

Murray Pollok Managing Editor, IRN & Director of Content, KHL

24 May 2021

Moxion Power, a California-based manufacturer of mobile energy storage systems, has raised US$10 million financing to develop its manufacturing capacity and power rentals business.

The funding will be used to upgrade its manufacturing operations and launch its first rental location in the San Francisco Bay Area in partnership with some major construction firms and electric vehicle fleet owners. The rental location is scheduled to open in the third quarter of 2022.

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