The signs are appearing28 Aug 2018 22:36
for the shift to EV, nice long term contract:
KAIZHONG Precision announced on the morning of August 27, its wholly owned Germany
subsidiary KAIZHONG VOGT GMBH recently signed a long-term supply contract with Daimler
AG, and the former would supply the latter with new energy vehicle power battery pack structure
to be produced in Chinese factories from September 1, 2018 to December 31, 2027.
Let's hope more follow suit soon and we see a greater focus on materials supply, that's how I see the storyline.