Writing in the bankruptcy declaration, Ample’s Chief Restructuring Officer John D. Baumgartner blamed an “industry-wide ...
LG Energy Solution, or LGES as it’s often called, is a big player in the battery world, spun off from LG Chem back in 2020.
Battery manufacturer Powin filed for bankruptcy on Wednesday. The Oregon-based company said it has more than $300 million in debt. The Chapter 11 filing will let the company continue operating while ...
A group of Republican lawmakers has reportedly called for a ban on Chinese battery suppliers with connections to Ford Motor Co. (NYSE:F) and Volkswagen AG (OTC:VWAGY) over allegations of using forced ...
Innovative electric car maker NIO and leading battery manufacturer CATL have formed a partnership aimed at building the world's largest battery swapping network, while also promoting unified standards ...
Electric vehicles (EV) seem to be the way of the future. They are climate friendly, and they are cheaper overall than gas-powered vehicles. One thing that concerns some prospective and current owners, ...
Forbes contributors publish independent expert analyses and insights. James Morris covers the rapidly growing world of electric vehicles. Charging time is one of the regular criticisms aimed at EVs.