Chinese-Slovenian Li-ion battery plant project put on hold

Mežica – The Slovenian maker of starter and industrial batteries TAB, which had planned to set up a Li-ion battery plant with a Chinese partner, for which it would also receive a government subsidy, has postponed the project indefinitely due to uncertain conditions on global markets and hindered supply chains. TAB announced on Monday that the company would not sign the contract granting it a government subsidy for the Li-ion battery plant project, as it was deemed too risky. “However, this does not mean that TAB has completely abandoned the…

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