Stung by Asian dominance, Germany pours cash into EV battery ventures

A number of lithium-ion battery makers in Germany, China and Taiwan are mulling expanding their production capacities for button cells to cash in on increasing demand from the TWS (true wireless stereo) headset sector, according to industry sources......»»

Climate Wars: IEA Warns Governments To Stockpile Battery Metals  China's dominance in gree.....»»

Volkswagen emulates Tesla's strategy by investing in battery factories and developing new software for their electric vehicles. A Volkswagen worker w.....»»

WALLDORF, Germany, Jan. 29, 2021 /PRNewswire/ -- IFRS Cloud Revenue Up 17%, Non-IFRS Cloud Revenue Up .....»»

Tens of thousands attended Germany's anti-lockdown protests that were infiltrated by the far-right extremists and QAnon supporters. Michael Ballweg, founder of "Querdenken 711", speaks at a rally in Berlin on.....»»

Watch: What It's Like To Be Stung By An Asian "Murder Hornet" Se.....»»

Germany's Thyssenkrupp expects the coronavirus crisis to cause a new financial squeeze, scuppering hopes that selling its elevator business would deliver a swift cash respite for the embattled firm, its management board told staff in a letter......»»

Germany, Italy and Spain have joined a call by 12 European Union governments for the EU's executive body to suspend rules forcing crisis-hit airlines to offer full cash refunds for cancelled flights, France said in a statement on Saturday......»»

Asian firms appear better equipped to pay stable dividends compared with their western counterparts that are constrained by highly levered balance-sheets and a need to preserve cash during the coronavirus outbreak......»»

Germany's Adidas on Tuesday said it will suspend a 1 billion euros share buyback it had planned for this year as a way to conserve cash after closing its retail outlets in Europe and North America......»»

Company is on track for achieving positive cash flow.....»»

Fiscal hawks say Berlin’s balanced budget is why it has so much cash to splash around now. But that ignores Germany’s special role in the euro zone.  .....»»

ZincFive Inc., a Tualatin company that makes batteries for backup power using a proprietary technology, said Wednesday it raised $13.2 million in a Series C funding round. The round was led by 40 North Ventures, a related investment business of Stan.....»»

Kate Taylor/Business Insider Furniture company Lovesac, along with companies like Adidas and Samsung, is shifting product from China to Vietnam and other Asian countries — in part t.....»»

Tesla Inc said it had resumed tree cutting in Gruenheide, Germany so it can construct its first European car and battery factory following moves by environmentalists to stop local deforestation......»»

Shares of Asian companies in Tesla Inc's battery supply chain surged on Tuesday after Panasonic Corp's report on the first profit at its battery venture with Tesla boosted investor confidence in the U.S. electric vehicle (EV) maker......»»

Markets remain on edge headed into the cash open for U.S. equities to start the week. With Asian markets selling off after opening for th.....»»

GOTHENBURG, Sweden, Jan. 30, 2020 /PRNewswire/ -- "Our organic sales growth continued in the fourth quarter and it was particularly good to see the strong performance of our three largest markets - the US, China and Germany," says Mattias Pe.....»»

Jon Williams' company will use a $30 million investment round to expand its production capacity and marketing, in anticipation of deals with major customers......»»

Alphabet's leadership change has some investors hoping that the owner of Google will take a hard look at the cash-burning ventures championed by its founders......»»