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China’s CATL seeks battery recycling site in Europe

TechNode

Chinese electric vehicle battery maker CATL is seeking a location for a new battery recycling facility in Europe and has been in discussion with local governments including Hungary for the matter, regional operations chief Jason Chen told Bloomberg in an interview in Budapest.

Europe 52
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Czech on-demand grocery delivery startup Rohlik bags $230M to expand across Europe

TechCrunch

It plans to use the funding to expand its footprint across metropolitan areas in its existing three markets — the Czech Republic, Hungary and Austria — as well as to break into Germany, Poland, Romania and other countries in the near future. upr, Rohlik CEO and founder, told TechCrunch in an interview.

Europe 131
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How the tech industry is responding to Russia’s invasion of Ukraine

TechCrunch

The current plan is to figure out how to get staff across the border either to Hungary or Poland. Based out of the southern city of Odessa, the company’s main spokesperson and managing director, Denys Zhadanov, canceled a phone interview for this story, saying that there were too many emergencies that needed to be handled at the moment.

Ukraine 78
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Extra Crunch roundup: Clubhouse UX teardown, YC Demo Day favorites, proptech VC survey, more

TechCrunch

Seeking answers, Managing Editor Eric Eldon interviewed 10 VCs who are active in proptech and found that most were generally “optimistic.” ” Here’s who he interviewed: Clelia Warburg Peters, venture partner, Bain Capital Ventures. Hopeful in Hungary. Dear Sophie: When can I finally come to Silicon Valley?

Survey 94
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The Path to Globalization of China’s Automotive Industry [2024]

TechNode

As a result, local and foreign carmakers in China are faced with a choice: find markets outside of China to buy these vehicles or close factories that are no longer needed to serve the domestic market. Ultimately global companies act locally in putting a glocalized hybrid ecosystem together (see Figure 15).

Global 52
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Elon Musk’s Twitter (now X): Everything you need to know, from layoffs to verification

TechCrunch

X CEO claims the company formerly known as Twitter is almost breaking even “I’ve been at the company eight weeks,” Yaccarino said in her first broadcast interview since taking on her new role. Users still need to be verified and must have at least 500 followers to qualify for payouts.

Twitter 86