Chinese battery-maker Svolt Energy confirms termination of its European operations
Svolt Energy had to call off its battery projects in Germany as the development of the European EV market has failed to meet the expectations of all stakeholders
Chinese battery manufacturer Svolt Energy has confirmed that it will terminate its operations in Europe with effect from Jan. 31, 2025, according to a news report published in CnEVPost on Oct. 27, 2024.
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