In 2019, France and Germany agreed to pump billions of euros into a plan to boost Europe’s battery industry and catch up with China and the US. Five years later, that effort is running out of steam.
Europe’s EV Battery Plans Fade on China Price War, US SubsidiesUK Fintech Zilch Taps Deutsche Bank to Raise £100 Million DebtSoftBank’s Masayoshi Son Is Ready for Next Big Bet After HiatusShares of Food Chain Guzman y Gomez Surge in Sydney IPO DebutFormer Hedge Fund Trader Builds $135 Million Burrito FortuneNorinchukin Sends Warning to World on Higher-for-Longer RatesChina’s LNG Boom Threatened by Growing Menu of Alternative FuelsEurope’s EV Battery Plans Fade on China Price War, US...
4% in AprilThe Daily Chase: French election anxiety continues to weigh down European sharesStatistics Canada says Canadian household debt relative to income down in Q1French Bond Auctions Are First Big Test Since Macron’s GambitManchester United’s Jim Ratcliffe Fears for Future of Premier LeagueAmazon Commits Another €10 billion to German Cloud, LogisticsChina Isn’t Worried About Who Will Win US Presidential Race, Spies SayBOE Rate Cut Expected to Be Pushed Back by Election and InflationBrazil...
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mercedes, Stellantis Pause Battery Plans to Weigh Low-Cost CellsStellantis NV and Mercedes-Benz Group AG’s battery site in Germany has stopped construction to review the business in light of slowing electric-vehicle sales and high costs.
Read more »
China Is Building Europe Battery Supply in Morocco, VW Unit SaysChina is building a battery supply chain for Europe in Morocco, as the continent struggles to develop its own industry to feed electric-car manufacturing, PowerCo’s operations head said.
Read more »
China to invest more than $830 million in solid-state battery research -sourceExplore stories from Atlantic Canada.
Read more »
China Plans New Measures to Attract Venture Capital InvestmentChina plans to introduce fresh measures to encourage venture capital into the country’s technology sector, including from overseas.
Read more »
Early ByteDance Backer Plans One of China’s Biggest New VC FundsSource Code Capital, among the earliest backers of TikTok owner ByteDance Ltd., is raising one of China’s largest venture funds as startups begin to draw renewed interest during the AI boom.
Read more »
China Plans Biggest Ever Cobalt Purchases For State ReservesChina is preparing to snap up a record volume of cobalt for its state reserves this year, with prices of the battery material languishing near their lowest levels since 2019.
Read more »