Europe’s Battery Ambitions Falter as China Pulls Ahead
FRANKFURT/BRUSSELS/BEIJING — China’s lead in global battery manufacturing continues to grow, while Europe’s efforts to build a competitive battery cell industry are faltering. The recent financial collapse of Swedish startup Northvolt is more than an isolated failure—it’s a symptom of … Continue reading Europe’s Battery Ambitions Falter as China Pulls Ahead
Germany promotes Battery Production with Subsidies
Berlin – The German government is investing more than EUR 1.5 billion in battery cell research and production – a key element in the country’s planned transition to clean energy and mobility. Major players in the industry are lining up … Continue reading Germany promotes Battery Production with Subsidies