As the global NEV market maintains fast-pace growth, Chinese battery suppliers have begun overseas expansions in order to round out their development strategies and gain more market share. After CATL had announced on September 5 that its second factory in Europe will land in Hungary and entail an investment of CNY 50.9 billion, SVOLT confirmed on September 9 that its second overseas factory will be located in Germany. ...  more
SVOLT Lands Its Second Overseas Factory in Germany as It Sprints Towards 600GWh Capacity Target |
published: 2022-09-30 9:30 | editor et_editor | category: News |