The Weekly Potential #19: Battery Insights
This week in the battery industry: CATL's slowing profits, Northvolt bankruptcy, Tesla's expansions, BYD's 1000V architecture, EU's €1.8 billion investment, CALB's Portugal factory, ...
Welcome to the 19th edition of The Weekly Potential, your premier source for insights into the battery industry.
This week, we focus on the European Union's efforts to catch up in the global battery race. The industry is undergoing a significant shift as Chinese LFP cells become commoditized amid stiffening competition, redirecting attention to Europe's struggling battery sector.
The recent bankruptcy of Northvolt, a once promising Swedish battery manufacturer, has sent shockwaves through the industry. As Europe grapples with this setback, Chinese battery giants and Tesla are seizing the opportunity to expand their footprint.
Let's dive in! 🔋
