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Dutch Battery Maker to Invest $1.9 Billion in China Cell Factory

Dutch battery maker Lithium Werks BV, founded earlier this year, is investing 1.6 billion euros ($1.85 billion) in a massive lithium-ion cell factory in China as demand for batteries is surging. The facility will have production capacity of 8 gigawatt-hours per year, or the equivalent capacity of batteries to power 160,000 cars. It will be […]

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