Browsing Tag
battery manufacturing
4 posts
European Commission establishes €1.5bn battery booster facility
The European Commission has formally adopted Decision C(2026) 3828/2, establishing the new Battery Booster Facility. The initiative will…
European Commission approves €200m Spanish aid scheme for EV supply chain
The European Commission has approved a €200 million ($232 million) Spanish State aid scheme aimed at supporting strategic…
Lyten to acquire majority of Northvolt in bid to revive EU battery industry
U.S. battery start-up Lyten has agreed to acquire most of bankrupt Swedish battery manufacturer Northvolt, in a deal…
Swedish battery maker Northvolt declares bankruptcy
Northvolt, once seen as Europe’s strongest contender in the battery industry, has filed for bankruptcy in Sweden after…
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