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.
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.
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.