Flat battery not enough to shake EV sector

The bankruptcy of US government-backed EV battery maker Ener1 might raise more doubts about the DOE's support program, but with better news elsewhere in the EV market, the sector's outlook is bright.

Another company backed by the US government headed to the bankruptcy court last week. Ener1 – whose subsidiary unit received $US118 million from the US Energy Department to make electric car batteries – filed for Chapter 11 bankruptcy.

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