LONDON/FRANKFURT, Germany -- As Europe tries to cut its Chinese dependence for electric vehicles, U.K. battery makers' recent financial woes highlight the profound challenge the region faces in building its own supply chain.
U.K. battery maker's woes show challenge of launching gigafactories

An electric vehicle by Chinese automaker NIO at a Berlin showroom. Europe has faced challenges in launching its own automobile battery gigafactories. © Reuters
LONDON/FRANKFURT, Germany -- As Europe tries to cut its Chinese dependence for electric vehicles, U.K. battery makers' recent financial woes highlight the profound challenge the region faces in building its own supply chain.