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Northvolt is hoping to become a rare success story in the industry: a battery manufacturing startup that survives. If the company manages to deliver on its plans, it ll catapult itself and the continent into the top ranks of battery producers.It s not an easy path. Outside of China, no
adidas originals damen ne of the major battery producers are startups; they re either spinoffs or subsidiaries of existing industrial juggernauts.
jordan1 Even China s leading battery companies, CATL and BYD, are related to existing manufacturers, and all of them have benefited from generous state subsidies
air force 1 and industrial policies.Northvolt s $5 billion loan won t be enough to guarantee success, but it should be enough to help ramp up its production to a targeted 60 gigawatt hours, enough for over 1 million Volkswagen ID.3s, Europe s best-selling, non-Tesla EV. The company said it has offtake contracts totaling over $55 billion with automakers, including BMW, Volkswagen, Volvo and Scania.Over 300 gigafactories will make tomorrow s EVs. Kndj Bed BathBeyond confirms data breach following employee phishing attack
In California, the software system that being used statewide to record the inventory and movement of cannabis and聽cannabis products through the commercial supply chain is made by Metrc, a low-flying, five-year-old, Lakeland, Florida company. In fact, Metrc now services 11 states altogether, including聽Colorado, Oregon, Alaska, Maryland, Michigan, Ohio, Massachusetts, Montana, Nevada and Louisiana. It also used by regulators in Washington, D.C.It
skechers wanderschuhe the kind of traction that investors notice, and indeed, today Metrc is anno
mizuno waveprophecy uncing its first outside round of funding in the form of $50 million from Tiger Global Management and Casa Verde Ventures, the three-year-old, cannabis-focused venture firm that was famously co-founded by rapper Snoop Dogg but is largely managed by Goldman Sachs and Nomura Securities alum Karan Wadhera.Wadhera tells us he ;d been following Metrc for a numbe
salomon acs pro r of years as it became one of the de facto track-and-trace systems for go