The next electric car battery champion could be European, rivalling giant Chinese supplier CATL

//The next electric car battery champion could be European, rivalling giant Chinese supplier CATL

The next electric car battery champion could be European, rivalling giant Chinese supplier CATL

With Europe expected to lead the world in electric car sales for a second straight year, an epic rush to build a battery supply chain from scratch is playing out across the continent.After years of ceding the electric vehicle (EV) battery business to foreign companies, Europe wants in. Prospective manufacturers are popping up in the Nordic region, Germany, France, the UK and Poland in a transcontinental competition to chip away at the dominance of China’s Contemporary Amperex Technology Co Ltd …

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2021-04-05T06:57:20+00:00 April 5th, 2021|Technology|Comments Off on The next electric car battery champion could be European, rivalling giant Chinese supplier CATL