Australian battery maker Altech will move its research and development activities offshore as it pursues financing for product commercialisation and contracts with European and US electric vehicle manufacturers.
The Perth-based company on Tuesday said it had made the “strategic decision” to relocate its R&D lab to Germany to better support the pilot plant for its next-generation Silumina Anodes battery material, touting operational, R&D and cost benefits.
The decision follows an …
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