Finland and China will work together to create electric automobiles
Publishedо 31 January, 2017
Finnish car factory Valmet Automotive and the Chinese company CATL, which is among the world leaders of batteries production, signed a cooperative agreement on development of electric automobiles. Besides, CATL signed up for 22% of Valmet Automotive shares.
The aim of this collaboration is to develop technologies of electric transmissions and adopt the advanced ideas at the European market of the auto industry.
Source - yle.fi
