
The Chinese battery producer SVOLT wants to invest €1 billion in new factories in Saarland. The company is relying on the skills of German employees and the quality of German machines. European Head Kai-Uwe Wollenhaupt is certain: The drop in battery prices in the coming years will massively increase the demand for EVs in this country.
By Marcel Grzanna
Until now, Huawei sold mainly smartphones in its stores. But the US sanctions are forcing the Chinese tech giant to rethink. A visit to the flagship store in Shenzhen shows how resolutely it is pursuing its push into the car industry.
By Redaktion Table
More and more Chinese EV manufacturers are pushing into Europe. Their market share is still insignificant. China.Table surveyed to determine the relationship between German consumers and Chinese car brands. The result: great skepticism. However, experience shows that brands from the Far East can crack the difficult German market with price arguments.
By Frank Sieren