BEIJING: A Chinese battery maker carved out of the country’s biggest sport utility vehicle manufacturer, Great Wall Motor Co Ltd, onsaid it is planning its first overseas manufacturing base in Europe.
SVOLT Energy Technology Co Ltd, which became independent in 2018, also said it is making “good progress” on developing a cobalt-free lithium-ion battery - a goal of battery producers aiming to eliminate the pricey and increasingly scarce mineral.
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