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Despite a growing demand for batteries from the EV and ESS industries, investments into the battery sector are proving difficult. Recently a number of players have announced cancellations and pauses on constructions of gigafactories, whilst other players have scaled back investments in the battery space. This comes as growth in global EV sales have seen a slowdown in recent months, possibly beginning to plateau in Europe and North America.
Delays in gigafactory pipeline
At the start of June,…
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