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Chinese Battery Makers Slam Brakes on German Expansion as EV Sales Stall

Chinese Battery Makers Slam Brakes on German Expansion as EV Sales Stall
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Svolt abandons plans to open battery factory in Germany

Chinese battery manufacturer Svolt has cancelled plans to open a plant in the German state of Brandenburg. Meanwhile, its plans for cell production in Saarland, southwest Germany, continue to be delayed.

Lithium Miners News For The Month Of March 2024

Lithium Miners News For The Month Of March 2024
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SVOLT is setting up a battery assembly facility in Thailand

SVOLT, the battery cell manufacturer that emerged from the Chinese carmaker Great Wall, has begun setting up a plant in Thailand for the assembly of battery modules and packs for electric and hybrid cars. Completion is scheduled for this year. According to the portal CN EV Post, two production lines…

SVOLT to build five battery cell plants in Europe

The battery manufacturer SVOLT, which emerged from the Chinese carmaker Great Wall, is reportedly planning to build five battery cell factories in Europe. Two are confirmed for Germany so far. The information from SVOLT was picked up by Bloomberg with reference to statements by Kai-Uwe Wollenhaupt, head of SVOLT Europe.…

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