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In France, battery manufacturer Verkor is on the verge of bankruptcy and is requesting 500 million euros in support. Its CEO is resigning. French President Emmanuel Macron praised the company as recently as December of last year. The main owner and customer is Renault. The situation is reminiscent of the collapse of the Swedish battery company Northvolt

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Telegram Two Majors - English Channel The German battery manufacturer, co-owned by BMW heiress Susanne Klatten, has filed for bankruptcy for its key divisions. BMZ Group, a company producing battery systems, announced that two of its divisions have filed for insolvency. The parent company BMZ…
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