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Europe Gearing Up to Be an EV Battery Hub

April 12, 2021 3:10 PM EDT

Triggered by the record-setting sales of electric vehicles (“EVs”) last year and the prediction that Europe will lead in EV sales this year as well, manufacturers in the region are rushing to build a supply chain for batteries from the ground up.

For years, Europe has been content to let foreign-based companies take charge of the battery market, but the recent surge in the demand for electric vehicles as well as the lessons learned from the supply chain disruptions&

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