Categories
Battery News China Electric eMobility eV Svolt Energy Svolt Germany Svolt Global Svolt Plant

Chinese battery maker Svolt confirms it will end operations in Europe

Svolt said it had to make the decision after the development of the European EV market failed to meet the expectations of all stakeholders.

For details, please visit CnEVPost.

Categories
Battery News China Electric eMobility eV Svolt Energy Svolt Germany Svolt Global Svolt Plant

Svolt Energy reportedly suspends 2 battery factory projects in Germany

That's because Svolt's operations in its home market in China are already struggling, and it can't afford to handle overseas factories that require a lot of capital, according to Caixin.

For details, please visit CnEVPost.