CATL, the world's largest battery manufacturer, is expanding its activities in Europe and plans to invest beyond batteries in power grids and electric vehicle platforms. The company has already established a production facility in Thuringia, Germany, and is aiming for greater localization to better integrate into the European market. This includes reducing the Chinese workforce and adapting to local customs. CATL is also developing new products such as the TENER Flex system, which is optimized for different geographical and climatic conditions in Europe. These steps are intended to help overcome regulatory hurdles and better tap into the European market.
[Reuters]
