Chinese battery maker Contemporary Amperex Technology (CATL) is selling their 20.6-per-cent stake in subcontract Finnish car maker Valmet Automotive to the Finnish state and another existing shareholder, according to Finland’s government, amidst low EV sales in Europe. The Finnish state, which already owns 44.96 per cent of Valmet Automotive through the investment company Finnish Industry…
Valmet Sold to Finnish State