Tag: valmet automotive

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Valmet Automotive spins off battery business

Valmet Automotive is making its Electric Vehicle Systems business an independent company with its own leadership. Valmet Automotive said that for the time being it remains the sole owner and shareholder of the new company.

Marcus Williams

Valmet Automotive begins localised battery supply in Germany

Valmet Automotive has begun assembly of battery systems at a new 11,500 sq.m facility in Kirchardt, near Heilbronn in Germany.

Marcus Williams

Valmet Automotive opens battery plant in Finland

As demand for EVs increases globally, hiking up production of battery packs is increasingly essential to OEMs. Carmakers are now seeking ways of building the packs and modules on the same site in order to simplify their supply chains.

Jason Dunn