Finland Buys Out CATL: Saving Valmet Automotive

Finland doubles down on its auto industry! Facing slowing EV sales and fierce Chinese competition, the Finnish government is buying out CATL's stake in Valmet Automotive and injecting millions to keep the carmaker afloat. Discover how this move aims to stabilize Valmet, expand into new sectors like defense, and bolster Europe's domestic auto industry amid rising tariffs and a challenging market. Plus, learn about Finland's big investment in battery tech to power heavy-duty vehicles and secure local jobs. Hosted on Acast. See acast.com/privacy for more information.