The Uusikaupunki car factory was hit by a downturn in the car market and strikes, impacting operations. However, Valmet Automotive’s battery business is thriving and setting records despite the challenges. Now, with the influx of Chinese electric cars and the EU’s car tariffs presenting a significant opportunity for the company, new CEO Pasi Rannus is optimistic about the future.
Pasi Rannus, the CEO of Valmet Automotive, walks through the car factory, starting at the bodywork area and moving on to the finishing area where Mercedes AMG sports models and A-Class cars are lined up. He pauses to admire a mint green, matte sports car before diving into discussions about the company’s growth strategy. Rannus emphasizes the interest of Chinese companies in testing demand quickly, acknowledging the potential for expansion and success in the current market landscape.