Dutch start-up Lithium Werks considering European battery plant [Reuters]
Booking Holdings Inc. (BKNG)
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Source: Reuters
Dutch start-up Lithium Werks considering European battery plant | Reuters 3 Min Read WARSAW, Dec 17 (Reuters) - Dutch start-up Lithium Werks BV is considering Poland and other European countries for a storage battery plant alongside the 1.6 billion euro ($1.8 billion) one it plans to build in China, founder Kees Koolen told Reuters on Monday. Energy storage is becoming increasingly important as the use of intermittent renewable sources of power grows. Combining wind, solar and battery technology would bring down cost of renewable energy and help power grids balance supply and demand. Asian players such as CATL, Samsung and LG Chem have taken a lead in the market by locking in supply deals with manufacturers of electric cars, leaving Europe scrambling to catch up. Sweden’s Northvolt is aiming to build Europe’s biggest battery cell plant in its home market and said earlier this year it had also partnered with South Bay Solutions, a supplier of U.S. electric carmaker Tesla, to jointly se
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BKNG
Earnings
- 2/22/24 - Beat
BKNG
Sec Filings
- 4/23/24 - Form ARS
- 4/23/24 - Form DEF
- 4/23/24 - Form DEFA14A
- BKNG's page on the SEC website