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Europe passes Net-Zero Industry Act, mixed gigafactory climate

Europe passes Net-Zero Industry Act, mixed gigafactory climate
energy-storage.news - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energy-storage.news Daily Mail and Mail on Sunday newspapers.

Svolt abandons plans to open battery factory in Germany

Chinese battery manufacturer Svolt has cancelled plans to open a plant in the German state of Brandenburg. Meanwhile, its plans for cell production in Saarland, southwest Germany, continue to be delayed.

SVolt plans European expansion

Chinese battery maker SVolt Energy Technology Co. is set to expand its footprint in Europe to as many as five factories, with talks to supply the region’s carmakers well underway, reports Bloomberg. SVolt, spun out of BMW AG partner Great Wall Motor Co., already has two locations in Germany with one facility set to start…

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