Valmet Automotive’s battery business is thriving despite the challenges faced by their car factory due to a downturn in the car market and strikes. With the influx of Chinese electric cars and the EU’s car tariffs presenting a significant opportunity for the company, new CEO Pasi Rannus is optimistic about the future. As he walks through the car factory, starting at the bodywork area and moving on to the finishing area where Mercedes AMG sports models and A-Class cars are lined up, he pauses to admire a mint green, matte sports car before diving into discussions about the company’s growth strategy. Rannus emphasizes the interest of Chinese companies in testing demand quickly, acknowledging the potential for expansion and success in the current market landscape.
Thriving Battery Business in Turbulent Automotive Market: Valmet Automotive’s CEO on the Future of Electric Cars and Global Expansion
