Great Wall Motors spin-off SVOLT investing €2B in two battery production sites in Germany; 100 GWh capacity worldwide by 2025

Green Car Congress
By mmillikinNov 23, 2020, 4:30 am716 ptsHotTop
China-based SVOLT Energy Technology Co., Ltd. will invest up to €2 billion to establish its European production site in Germany. A module and pack factory as well as a state-of-the-art cell factory with 24 GWh production capacity in the final expansion stage will be built at two Saarland locations. Battery…

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