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In 2022, European firms announced huge new battery factories. Since 2024, 559 GWh of projects have been cancelled and Northvolt has gone bankrupt, while China ramped up aggressively.
James Green of the @CER_EU, said: "Trump's foreign policy may prove more unpredictable and hostile toward Europe following the US midterm elections. At the same time, Tuesday's elections will kick off candidates' jostling for the 2028 presidential race.