Why This Chinese Company Will Make Electric-car Batteries In Germany

While Tesla (NASDAQ: TSLA) has been working on a deal to build electric cars in China, a key Chinese maker of electric-car batteries has announced plans to build a battery factory in Germany. And at least one German automaker has already signed up to buy the factory's products. Chinese battery maker Contemporary Amperex Technology Ltd., better known as CATL, announced that it will build a factory in Germany to manufacture batteries for electric vehicles.

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