Construction of the mega-factory will kick off next month and is expected to create 1,200 jobs in the region.
We want our clients to be able to sell affordable cars.
There is an increasing awareness that Europe needs a local battery ecosystem.

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The carrot or the stick?
And its not just batteries where China is storming ahead.

Chinasshareof electric cars sold in Europe has risen to8%and could reach 15% in 2025.
Global markets are now flooded with cheaper electric cars.
For many automakers, China is a partner, not a competitor.
The same could be said for the batteries that power these cars.
Story bySion Geschwindt
Sion is a freelance science and technology reporter, specialising in climate and energy.