Chinese EV battery giant CATL to invest 1.8 billion euros (US$2.05 billion) into a lithium-ion battery production base in Thuringia, Germany, with productiion slated for 2021

Posted by on June 27, 2019 8:31 pm
Categories: Batteries Batteries & Battery Materials

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As reported by China Daily Asia: “Battery giant Contemporary Amperex Technology Ltd will invest up to 1.8 billion euros (US$2.05 billion) in expanding its European production and research base. The investment will be used to construct a lithium-ion battery production base and a center for product research, development and testing, CATL said in a statement on Tuesday…”

To continue reading, click here to read China Daily Asia’s full article.

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