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French Battery Startup Verkor Received an Investment of 2 Billion Euros
Start-up company Verkor has raised 650 million Euros in government subsidies as well as high investment from various private companies.
12 Largest EV Battery Manufacturers in the World
The increasing use of EVs has boosted interest in the battery sector since the battery is the most costly component of EVs. In this article, we have compiled a list of “...
Ssangyong sold for $255 million to Korean consortium
Edison Motors has officially acquired the financially troubled Ssangyong. Mahindra&Mahindra, the leading stakeholder of Korean SUV manufacturer, decided to sell %75 of it...
Northvolt officially starts production of battery cell in Sweden
Northvolt becomes the first European company in Europe to produce battery cells. Swedish battery start-up is backed by Volkswagen, Volvo, and Ikea.