The german industry giant Thyssenkrupp has begun expanding into electric vehicle and mobility markets. In recently revealed plant construction plans, it has become clear that Thyssenkrupp is planning on taking advantage of the increasing demands for electric vehicles.
The factory planning manager believes a production capacity upwards of 1 billion euros could be fulfilled in the next 10 years. The Consortium TerraE Holding is also finding involvement, as the company is planning the construction of battery cells.
Recently Thyssenkrupp introduced a crash-safe and cost-effective battery case constructed of steel.