Swedish Truck Maker to Buy Bankrupt EV Battery Maker
Business
Swedish Truck Maker to Buy Bankrupt EV Battery Maker
2023-11-13 20:47:26
by Dan McCue

GOTHENBURG, Sweden — Swedish truck maker Volvo Group said it has prevailed in a bankruptcy auction for a failed EV battery manufacturer that once planned to make batteries for thousands of electric trucks, buses and vans at a factory in... Read More

Chinese EV Battery Maker to Build $2B Factory in Illinois
In The States
Chinese EV Battery Maker to Build $2B Factory in Illinois
2023-09-08 20:25:38
by Dan McCue

MANTENO, Ill. — Gotion High-Tech Co., Ltd., a global EV battery developer headquartered in China, announced Friday that it is going to build a $2 billion “gigafactory” in this small community about 50 miles south of Chicago. Gotion specializes in... Read More

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