Porsche and Volvo: Stromer battery production stumbles

The construction of own production capacities for electric car batteries in Germany and Europe is obviously too expensive. Porsche stops its plans for a production facility and Volvo halves the workforce of the existing production facility. More and more car companies are confronted with the realities of the market. It seems that the billions of investments in the market for electric cars in the end are only meaningless money-burning actions. At…