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Geopolitical Tensions Cast Shadow Over EV Industry

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SVOLT ニュース

EV Batteries,Chinese EV Manufacturers,European Union

Chinese EV battery manufacturer SVOLT is closing its European operations due to regulatory challenges, declining EV sales, and financial difficulties.

Chinese EV battery maker

Energy plans to shut its European operations by January 2025, in a move that clearly points to China’s retreat from the market - and declining EV sales in Europe, according to Nikkei. to shut all of its European operations, including its Frankfurt office, according to the same report. The Nikkei report says that all

has not commented on the matter. In 2020,

 

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