Sasol, a South Africa-listed energy company, has invested £15m ($22m) for a minority stake in Oxis Energy, a UK-based rechargeable battery maker for electric bikes and cars.

Henri Loubser, managing director of Sasol New Energy (SNE), said: “This strategic investment in Oxis Energy will allow Sasol to apply its extensive experience of commercialising and scaling up chemical processes to assist Oxis Energy in realising the full potential of the [polymer lithium sulphur, Poly Li-S, battery] technology they have developed. Energy…

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