Northvolt isnt lacking funding (pedantically they are, else they wouldnt be bankrupt) or clients, but know-how for scaling putting aside some conspiracy theories about Chinese equipments. Turns out scaling isnt easy.
vanadium redox flow isnt very big yet even for Energy Storage System
Side note: The tendency US and Westernin general to depend on Wunderwaffe tech (Vanadium Redox! Solid State Battery!) is quite amusing.
> China’s startup scene is dead as investors pull out
Turns out Emperor Pooh dislike get-rich-quick startup mentality and yet another useless apps. He wouldnt mind hard tech bro like Ren Zhengfei or Wang Chuanfu though.
P.S. Watch the robotic space, things might get interesting in a year or two.
- Battery Startup Opens Chicago Plant as US Seeks to Curb Reliance on China https://www.nanograf.com/media/battery-startup-opens-chicago...
- Our own YC: https://www.ycombinator.com/companies/industry/energy
- China’s startup scene is dead as investors pull out—’Today, we are like lepers’ https://finance.yahoo.com/news/china-startup-scene-dead-inve...