4th September 2020
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Turquoise, the London-based merchant bank specialising in energy, environment and efficiency, has announced its latest investment through Low Carbon Innovation Fund 2 (LCIF2) in Spark EV Technology. The investment, worth £160,000, is part of an ongoing £530,000 funding round for Spark EV Technology. This will support the company’s automotive market growth, assist business development efforts into China and expand its reach to European and North American customers. Harnessing live data and machine learning, Spark’s AI-based software produces highly accurate, personalised range predictions for electric vehicles.
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