Car battery maker ACC halts plant construction in Germany, Italy – ET Auto
Baua Electric
JUNE 4, 2024
EV market demand has shifted toward so-called LFP batteries, which are less powerful but also less expensive and longer lasting than NMC batteries, and increasingly found on cars made by industry leaders Tesla and China’s BYD. billion) in financing to build out its capacity, for a total of 13 production lines.
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