Aditya Sahu
adityasahu.bsky.social
Aditya Sahu
@adityasahu.bsky.social
Reposted by Aditya Sahu
Yesterday Northvolt, the great hope of European battery manufacturing, filed for bankruptcy.
Today the CEO resigned.
Yet more evidence that
a) making batteries is hard
b) competing with China is hard and
c) Europe has a real challenge in the coming years www.reuters.com/technology/n...
Sweden's Northvolt files for bankruptcy, in blow to Europe's EV ambitions
Northvolt, the Swedish maker of battery cells for electric vehicles, said on Thursday it has filed for Chapter 11 bankruptcy protection in the U.S., dealing a blow to Europe's hopes that its most developed battery player would reduce Western car makers' reliance on Chinese rivals.
www.reuters.com
November 22, 2024 at 11:43 AM
Reposted by Aditya Sahu
🚨 LAUNCHING TODAY 🚨

Nearly two years ago, @tortoisemedia.bsky.social unveiled the Westminster Accounts, a free tool designed to give people greater understanding of the money that flows through parliament.

Now, with Peer Review, we take on another arcane part of our system - the House of Lords
November 20, 2024 at 7:25 AM