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451 Valmet Automotive enters new era: Finland takes majority control as China’s CATL exits; eyes defence sector expansion

Silicon Canals
Vishal Singh @ Silicon Canals · 09/02/2025 09:34 EDT

Valmet Automotive enters new era: Finland takes majority control as China’s CATL exits; eyes defence sector expansion

Finland’s Valmet Automotive announces changes to its ownership and business structure, including adjustments to its subsidiaries. China’s Contemporary Amperex Technology (CATL), an electric vehicle battery maker, has sold its stake in Finnish subcontract car manufacturer Valmet Automotive. As part of a broader ownership and financing arrangement, the Finnish State has emerged as the new majority ... Read more

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