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Valmet Automotive

OEM supplier Valmet Automotive to build battery packs in Finland

Wed, 08/14/2019 - 14:22 -- Paul Crompton
OEM supplier Valmet Automotive to build battery packs in Finland

Tier 1 supplier Valmet Automotive is launching its first lithium-ion battery pack production facility in Finland within months to supply the electric vehicle market.

The facility, in a former Nokia plant, is scheduled to start commercialisation around October-November in the municipality of Salo— where it will produce around 600,000 battery packs per year.

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‘EU needs Airbus-style consortium’ for batteries

Tue, 09/26/2017 - 09:51 -- News Editor
‘EU needs Airbus-style consortium’ for batteries

The EU’s energy chief has called for the creation of a Europe-wide consortium to support the battery industry— to prevent the EU “falling behind” in the race with China and other nations to power electric vehicles (EVs).

Maroš Šefčovič (pictured), the European Commission vice-president responsible for the ‘EU energy union’, said the bloc should invest in an “Airbus for batteries”— a consortium that he said could do for batteries what the European multinational does for the aircraft industry.

 

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