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Mercedes, CATL Partner on $7 6B Battery Plant

Mercedes-Benz Group AG will join China’s Contemporary Amperex Technology Co. Ltd. in building a battery factory in Hungary with an investment of as much as $7.6 billion.

Hyundai Concerned by US Moves on China Supplies

South Korea’s biggest electric car batterymakers and Hyundai Motor Co. have expressed concern over new U.S. legislation aimed at boosting domestic production of EVs and reducing the use of Chinese materials.

Worldwide Electric Commercial Vehicle Industry to 2030 - Reducing Prices of EV Batteries to Increase Demand for ECVs

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