How can Dutch battery startups win big? Focus on supply chain ‘pinch points,’ says CEO

Quick Summary:

Dutch battery startups must innovate at "critical pinch points” in the supply chain to compete globally, says Kevin Brundish, CEO of Eindhoven-based battery company LionVolt.

The comments come at a tough time for Europe’s battery sector, which has been left reeling following the recent collapse of Northvolt.

The Swedish startup’s gigafactories were perhaps the continent’s greatest hope for a homegrown battery success story.  Northvolt’s failure serves as a cautionary tale of the immense challenges in scaling battery production, from securing supply chains to managing infrastructure costs and maintaining investor confidence.

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Article Details

Author / Journalist: Siôn Geschwindt

Category: Technology

Markets: NetherlandsChinaSouth Africa

Topics: Next Featured Ecosystems Insider

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-07 @ 16:43:09 (2 days ago)

News Timezone: GMT +1:00

News Source URL: thenextweb.com

Language: English

Article Length: 779 words

Reading Time: 5 minutes read

Sentences: 37 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Next Web

News ID: 24977805

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