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Sweden to be nexus of EU-Asia battery future?

Mon, 03/26/2018 - 19:59 -- Xuan Zhong
Sweden to be nexus of EU-Asia battery future?

Chinese private capital firm GSR Capital is ramping up its ambitions to become a key player in European EV battery production with plans for a manufacturing plant in Sweden.

GSR is to build the battery facility at Trollhättan, 75km north of Gothenburg, on land adjacent to Swedish electric vehicle producer NEVS— in which GSR will also invest $500 million.

 

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