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Electric cars in China

CATL to finish study for European electric-vehicle battery plant

Exporting from China 'not viable' as company challenges South Korean rivals

Battery Show Europe. China's CATL may set up a plant in Europe to challenge rival South Korean battery makers, who already have a manufacturing foothold on the continent.

HANNOVER, Germany -- Contemporary Amperex Technology, one of the world's leading battery makers for electric vehicles, will soon decide whether to build a manufacturing plant in Europe, an executive of the Chinese company said on Tuesday.

In his keynote speech on the first day of Battery Show Europe in Hannover, Germany, Matthias Zentgraf, head of CATL's European operation, said the company is now in the final phase of a feasibility study for a potential battery plant on the continent.

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