Tag #Electric Vehicle Batteries

theglobeandmail.com
🌐 75% Global Worthiness
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Northvolt Sells Profitable Industrial Battery Unit to Scania

Northvolt, a Swedish electric battery maker, sold its profitable Northvolt Systems Industrial unit to Scania, a key customer, for an undisclosed sum; the unit makes battery packs for heavy industry and is based in Gdansk, Poland.

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44% Bias Score

Industry, Innovation, and Infrastructure
africa.chinadaily.com.cn
🌐 85% Global Worthiness
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CATL Seeks $5 Billion in Hong Kong IPO to Fund Global Expansion

CATL, the world's largest electric vehicle battery maker, filed for a Hong Kong IPO aiming to raise over $5 billion to fund its international expansion, addressing the need for capital to cover billions of euros in European and other regional investments and further solidifying its global market lea...

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52% Bias Score

Industry, Innovation, and Infrastructure
lefigaro.fr
🌐 85% Global Worthiness
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"ACC Launches First French-Made EV Batteries, Aims for European Leadership"

"Automotive Cells Company (ACC) started selling France's first domestically produced electric vehicle batteries, aiming for a 20% EU market share by 2030 despite initial production challenges and high European costs, driven by the EU's 2035 ban on new combustion engine vehicles."

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40% Bias Score

Industry, Innovation, and Infrastructure
usa.chinadaily.com.cn
🌐 85% Global Worthiness
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CATL Seeks $5 Billion in Hong Kong IPO to Fund Global Expansion

The world's largest electric vehicle battery maker, Contemporary Amperex Technology Co Ltd (CATL), is pursuing a Hong Kong initial public offering (IPO) aiming to raise over $5 billion to fund its international expansion and address a funding gap to support its overseas investments and operations, e...

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48% Bias Score

Affordable and Clean Energy
theglobeandmail.com
🌐 85% Global Worthiness
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Northvolt Seeks $1.29 Billion to Avoid Collapse

Facing bankruptcy, Swedish battery maker Northvolt requested $1.29 billion from over 100 shareholders to survive until 2027, highlighting Europe's struggle to compete with Asian rivals in the EV battery market.

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40% Bias Score

Affordable and Clean Energy