Finance

A Battery Maker Sees Virus as Spur to Wrest Business From China

  • InfoBat plans $1.1 billion manufacturing plant in Slovakia
  • EU seeks to bring electric car parts making closer to home

A lithium-ion automotive battery pack sits on the chassis of a Volkswagen ID.3 electric automobile at the automaker's factory in Zwickau, Germany.

Photographer: Krisztian Bocsi/Bloomberg
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For Marian Bocek, the coronavirus is a reminder that Europe needs to reduce its dependence on China, especially when it comes to making parts for the next generation of cars and trucks.