• After Northvolt, Europe’s battery path leads to China — or new tech frontiers

    After Northvolt, Europe’s battery path leads to China — or new tech frontiers
    Fuelled by $15bn in financing, Northvolt was supposed to be Europe’s great battery success story — a homegrown champion capable of competing with Asian and American giants.   So when Northvolt filed for bankruptcy last week, after months of job cuts, restructuring, and multiple failed attempts to raise more money, it dealt a massive blow to Europe’s ambitions to ramp up domestic production of lithium-ion batteries, which power everything from EVs to smartphones. 
  • Opinion: To close Europe’s defence tech gap, governments must support startups

    Opinion: To close Europe’s defence tech gap, governments must support startups
    The United States has long understood a simple truth: war is won not by size alone, but by speed and creativity. Indeed, innovation has always been crucial in conflict. Armour made knights safe until the crossbow came along. High walls protected cities until cannons emerged. Trenches were made obsolete by fast-moving mechanised forces. The lesson: a military that cannot innovate is one that falls behind. Yet Europe remains stuck with an outdated model of defence procurement – one that fav

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