BERLIN -- China’s CATL is set to install six battery cell production lines by the end of 2023 at its new German battery plant and hopes to secure approval for 24 gigawatt-hours by June, Matthias Zentgraf, president of CATL Europe, said.
BERLIN -- China’s CATL is set to install six battery cell production lines by the end of 2023 at its new German battery plant and hopes to secure approval for 24 gigawatt-hours by June, Matthias Zentgraf, president of CATL Europe, said.
The expected tariff cost is significantly lower than the $4 billion to $5 billion crosstown rival General Motors estimates, which Ford attributes to its higher mix of U.S.-built vehicles.