Europe faces hurdles in breaking free of China EV supply chain

U.K. battery maker's woes show challenge of launching gigafactories

20231102N NIO EV

An electric vehicle by Chinese automaker NIO at a Berlin showroom. Europe has faced challenges in launching its own automobile battery gigafactories.  © Reuters

SOTARO YUMAE, AKIRA YAMASHITA and EIKI HAYASHI, Nikkei staff writers

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.

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