- (PLX AI) - Volkswagen and Siemens invest in Electrify America's ambitious growth plan.
- • $450 million equity investment supports Electrify America's expansion plans in U.S. and Canada
- • $2.45 billion post-money valuation for Electrify America
- • Siemens is first external investor in Electrify America LLC and becomes new shareholder; in line with company's commitment to accelerate the shift to sustainable mobility
- • $2.45 billion post-money valuation for Electrify America confirms Volkswagen's successful e-mobility strategy in North America
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