Watch out Europe! The Chinese are coming
Or should that be the other way around? We reported in last month’s issue about the likely influx of Chinese-manufactured EVs to Europe, but now it looks like these are only going to be the first in a wave of Chinese focus on Europe. Locked out of the US and North American market, it looks like Chinese cell and battery materials manufacturers are taking the opportunity to move into the European market. This issue contains news of three major EV supply chain investments by China and it looks like more are on the drawing board. Shanghai Putailai (SHA:603659) has announced...