Chinese battery maker invests US$282 mln in Germany

Chinese lithium-ion battery manufacturer Contemporary Amperex Technology Co. Ltd. is accelerating overseas deployment as it plans to invest 240 million euros (US$281.92 million) to build factories in Germany, The Paper reported. According to the agreement, a battery production base and intelligent manufacturing technology research and development center are expected to be built in Erfurt, Thuringia. […]