VFBATTERY REPORT

Industry Value Chain

Pages 21–49 (29 pages)

Battery Report 2025, page 39: Industry Value Chain
Text on page 39

Difficult Year for Many Companies as Industry Restructures In 2025, the battery industry faced significant financial challenges, leading to several notable bankruptcies and restructurings. Several factors, such as financial challenges lowering system prices and performance from China, including a growing difficulty to scale in the West and a challenging investment environment. “Big Playersˮ Insolvencies

Company Restructuring

Focus on R&D for Porsche

Further Notable Insolvencies:

Ceased operations and is in bankruptcy proceedings

Source: Company announcements

Shut down e-Truck commercial manufacturer

The eVTOL aircraft carrier ceased operations

Assets sold in April and case moved toward dismissal

Filed for bankruptcy for a second time in 2025 & ceased ops

Filed for bankruptcy and is under courtsupervised liquidation

Extracted from the PDF; charts and images may read imperfectly.

Page 39 · 19/29