British EV battery producer warns it could run out of cash in months
Source:
Euronews.com
4 il y a des mois
Nyobolt, a British EV battery manufacturer, risks depleting its cash by the end of Q1 unless new funding is secured. Founded in 2016, it specializes in ultra-fast charging technology. Despite launching a sportscar prototype and securing contracts, the company reported a £20m loss in 2023. The UK battery industry faces challenges from Chinese competitors and economic factors, impacting funding opportunities. Article complet (Euronews.com)