Coreshell : The electric vehicle transition is really a story about China. There, subsidies have helped juice not just automakers, but the entire battery supply chain behind them. Those incentives, plus decades of industrial policy focused on controlled critical mineral supply chains, has left American and European automakers flat-footed. Take graphite, for example. Every lithium-ion
Sometimes the smallest of news items can point to bigger trends lurking beneath the surface. Case in point: Google announced late last month that it has installed 100 million lithium-ion cells across its data centers to provide backup power to its servers. On its own, it’s not earth-shattering news. But it shines a light on
Northvolt filed for bankruptcy in Sweden on Wednesday, the latest blow to Europe’s attempts to create a battery manufacturing juggernaut that could rival the Chinese giants. Though the Swedish startup has raised more than $14 billion, it has been running short on cash recently. Northvolt filed for Chapter 11 bankruptcy in the U.S. in November. Since