QuantumScape's Battery Breakthrough Sparks EV Sales Optimism
A surge in a battery maker's performance is raising hopes for a turnaround in electric vehicle (EV) sales, according to an article available through a Financial Times subscription.
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EU Greenlights €4bn State Aid for Northvolt Battery Plant in Germany
The European Union has given the green light for Germany to provide €902 million in state aid to battery maker Northvolt, as part of the bloc's efforts to support the production of electric car batteries. This decision aims to reduce the EU's dependence on Asian suppliers and boost its competitiveness in the rapidly growing electric vehicle market.