China’s SVolt Energy Technology plans to invest about 2 billion euros ($2.4 billion) in Germany to build its first factory in Europe as the battery maker seeks to benefit from surging electric-car demand in the region.
China’s SVolt Energy Technology plans to invest about 2 billion euros ($2.4 billion) in Germany to build its first factory in Europe as the battery maker seeks to benefit from surging electric-car demand in the region.
Automotive News breaks down how the April 29 tariff adjustments will affect the auto industry, what information remains unclear, and what’s next for tariffs on cars and parts.