Morrow CEO Says Trade War Makes European Batteries More Relevant
Morrow Batteries AS Chief Executive Officer Lars Christian Bacher said the Trump administration's trade policies are making batteries produced outside of China 'more relevant,' as European and US businesses seek suppliers closer to home.
'More people and companies and politicians are talking about friend-shoring or on-shoring,' Bacher said in a Bloomberg TV interview Wednesday. 'There is a space for a company like ours and, yes, customers that we talk to are willing to pay more for that diversification.'
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