Similar Stories to Volt Battery Maker With $249 Million In Taxpayer Cash Goes Bankrupt... on Bing News

BING NEWS:
  • A $3.5 billion EV battery factory is coming to one US state — and over a thousand new jobs are on the way
    The General Motors-Samsung SDI factory, a $3.5 billion venture, is being built in New Carlisle, Indiana, the Detroit Free Press reported in August. It was first set to begin production in 2025, then ...
    10/3/2024 - 11:16 pm | View Link
  • After a Manhattan Project’s worth of taxpayer money, the EV is bombing worse than ever
    The recent EV welfare packages announced by the Biden administration throw more than $2.5 billion of good money onto a bonfire of bad taxpayer-funded subsidies.
    10/3/2024 - 6:56 pm | View Link
  • Battery maker SK On to raise 1 trillion won through third-party capital increase
    Battery maker SK On will raise 1 trillion won ($750 million) through a third-party capital increase to improve its financial structure following 11 consecutive quarters of losses.
    10/2/2024 - 8:31 pm | View Link
  • Flint EV battery material project gets $60 million federal grant
    The funding will support the $175 million project by Chicago-based NanoGraf to produce 2,500 tons of silicon anode material annually.
    09/27/2024 - 4:03 am | View Link
  • Northvolt Lenders Meet as Battery Maker Hangs by Thread
    A group of Northvolt AB lenders is set to meet on Friday to consider whether to extend a lifeline to the cash-strapped maker of electric vehicle batteries or cut their support and risk losing billions ...
    09/26/2024 - 6:14 pm | View Link
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