Xiaomi-backed Chinese EV battery maker SVOLT files for $2.1b STAR Market IPO

Tobias Hans, Minister President of Saarland, Germany said in a press conference on November 17, 2020 that SVOLT Energy Technology plans to build two battery production factories, at a combined cost of about 2 billion euros ($2.4 billion), in Saarland. Source: SVOLT Energy Technology