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Kai-Uwe Wollenhaupt

Feature

'The high acceptance of electromobility has taken the industry by surprise'

The Chinese battery manufacturer SVOLT wants to start serial production in Saarland by 2024 at the latest. Nevertheless, European head Kai-Uwe Wollenhaupt warns of a battery bottleneck due to the enormous demand. He recommends car manufacturers to secure capacities now. However, SVOLT will not plunge the competition into a price war, the Dortmund native promises in an interview with China.Table. Marcel Grzanna conducted the interview.

By Marcel Grzanna

Feature

SVOLT builds batteries for EVs in Saarland

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