Categories USA News

How European battery startups can thrive alongside Asian giants


The global battery market is experiencing unprecedented growth, with projections showing the sector will reach $400bn by 2030. Yet European entrepreneurs often feel locked out, watching Chinese giants like CATL dominate headlines with record-breaking IPOs while homegrown champions like Northvolt file for bankruptcy, exposing the harsh realities of competing against established Asian supply chains. Still,  Europe will never be entirely independent in green energy and will want to cooperate with Asia. Yet the continent has strong demand for on-shoring supply, including green power and critical manufacturing.  There are also genuine competitive advantages available to European green battery startups: proximity to…

This story continues at The Next Web

More From Author

You May Also Like

In these difficult times, Farragut’s Public League title in 16-inch softball is source of pride

Operation Midway Blitz, the federal immigration crackdown that began in September, has disrupted daily life…

‘Yo tengo papeles’: Teacher detained by immigration agents in North Center day care

Federal immigration agents entered a North Center day care and arrested a teacher Wednesday before…

“You must be held accountable”: Mamdani gears up for ICE showdown

Zohran Mamdani sent a message to Immigration and Customs Enforcement agents mere hours after handily…