Tesla may be the best-known electric vehicle (EV) manufacturer, but its grip on the industry isn't guaranteed. The Elon Musk-founded company has plenty of competition, including the Austrian startup Kreisel Electric GmbH. Having experienced sweeping success in the past two years, Kreisel — which was founded by three brothers — is moving into a $12 million research center and battery assembly facility where it will test new battery technology.
For years, Kreisel Electric...
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