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Germany mulls creation of new electric car battery consortium

September 6, 2019

Via: Reuters

BERLIN (Reuters) – The German economy ministry said on Friday a second European battery cell production consortium was being discussed and preliminary agreements were expected by this autumn.

A spokeswoman declined to give names of potential companies taking part but added that German companies play important roles in both production consortia.

German Economy Minister Peter Altmaier said in June he expected there would be eventually probably three battery cell groups.

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