• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

Why are so many Western battery startups failing?


The US and Europe badly need to start manufacturing battery cells, and break the Chinese dominance of the market. But there’s no joy in Batteryville these days—once-promising startups are failing and/or scaling back their plans. Northvolt, a European company that was founded in 2017, and raised over $13 billion, has struggled for two years to… Read more…

Bookmark the permalink.

Comments are closed.