Posts Tagged: Valmet Automotive

Valmet Automotive starts battery production in Finland

Valmet Automotive has started producing batteries at its plant in Salo, Finland, which the company converted from a cell phone manufacturing plant. Construction on the new battery plant began in May 2019. Valmet added new logistics facilities logistics and production lines. Full-scale production is scheduled for early next year. By that time, the company estimates… Read more »

Chinese battery-maker and Finnish manufacturer partner to supply battery packs to Europe

Chinese battery builder Contemporary Amperex Technology Limited (CATL) and Finnish contract manufacturer Valmet Automotive have formed a strategic partnership to develop electric automotive solutions. As part of the deal, CATL has taken a 22% ownership position in Valmet. CATL currently offers NCM and LFP Li-ion chemistries in cells, modules and packs. The companies’ strategy is… Read more »