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Europe leans on Asia for 'homegrown' EV batteries

November 3, 2022
Source: reuters.com reuters.com
News Snapshot:
[1/5] A worker in a sealed part of solid-state battery maker Ilika's factory holds up batteries printed on glass that will be put into "electroceutical" devices to treat ailments, including back pain and diabetes, in Romsey, Britain, September 28, 2022. REUTERS/Nick Carey LONDON/BERLIN, Nov 3 (Reuters) - Europe's drive to build a homegrown electric vehicle battery industry is hitting roadblocks as investors shy away from giving startups sufficient funding to challenge the Asian companies that dominate the market. With the notable exception of Sweden's Northvolt, some startups hoping to build so-called gigafactories to compete with the Asian behemoths are going...
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