Chinese battery maker Tianjin Lishen plans to open a sales office in Germany, its first in Europe, and is in talks to supply local auto makers with batteries used to power electric vehicles, a source at the company told Reuters.

Two sources said Volkswagen, the world’s largest car maker, and Daimler are negotiating with unlisted Tianjin Lishen Battery.

A source close to Volkswagen said the company is in advanced talks with Tianjin Lishen on lithium-ion battery supply contracts, but agreements have not yet been signed.

Asked for comment, a VW spokeswoman said “there is nothing to say at present on this topic”. Daimler declined comment. No-one at Tianjin Lishen was immediately available to comment.

Auto makers around the world have in recent months laid out bold plans for massive investments in electric vehicles (EVs), where demand is accelerating due to government moves to cut noxious fumes from fossil-fueled cars.


https://www.gurutechzone.com/chinas-lishen-plans-first-european-sales-office-for-electric-vehicle-batteries/