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Evonik invests in specialized battery company

German chemicals group Evonik invested in Chinese battery specialist SuperC. The Chinese company is a “technological leader in graphene materials that improve the range, robustness, charging speed, and service life of lithium-ion batteries,” according to Evonik. “By investing in SuperC, we are supporting a cutting-edge technology with a promising future. High-performance batteries are a crucial factor in accelerating the electrification of road transport and permanently reducing CO2 emissions,” the company quoted its venture capital head Bernhard Mohr as saying. Evonik did not disclose the amount of the investment.

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