Chinese EV battery giant zeroes in on its first European factory


BEIJING: The Chinese supplier of electric-vehicle batteries that’s planning a local factory with enough capacity to surpass the output of Tesla Inc has set its sights further – Europe.

Contemporary Amperex Technology Ltd is close to picking one of three sites in the European Union for its first overseas plant, chairman Zeng Yuqun said in an interview.

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Business , chinese , EV , battery

   

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