Battery manufacturer Powin files for bankruptcy months after landing $200M loan | TechCrunch

Image for article Battery manufacturer Powin files for bankruptcy months after landing $200M loan | TechCrunch
News Source : TechCrunch

News Summary

  • Powin manufactured grid-scale batteries using lithium-iron-phosphate (LFP) cells from China
  • The company laid off nearly 250 employees earlier this month, and just 85 remain
  • Powin was a survivor of the first clean tech boom over a decade ago
Battery manufacturer Powin filed for bankruptcy on Wednesday. The Oregonbased company said it has more than $300 million in debt.The Chapter 11 filing will let the company continue operating while [+1162 chars]

Must read Articles

News image for article Battery manufacturer Powin files for bankruptcy months after landing $200M loan | TechCrunch

Over a Month, Tron Gains 2% and Ruvi AI (RUVI) 50% Experts Say the Real Surge Hasnt Even Started

News Source : By Guest Author from ZyCrypto

News image for article Battery manufacturer Powin files for bankruptcy months after landing $200M loan | TechCrunch

Ruvi AI (RUVI) Could Be Your 13,100% ROI Lifeline After Audit Approval as DOGE Falters

News Source : By Guest Author from ZyCrypto

News image for article Battery manufacturer Powin files for bankruptcy months after landing $200M loan | TechCrunch

Trump returns from G7 summit early to deal with deadly IsraelIran conflict and more top headlines

News Source : By Fox News from Fox News

News image for article Battery manufacturer Powin files for bankruptcy months after landing $200M loan | TechCrunch

Universal Studios Great Britain Could Drop Jurassic World for The Land Before Time

News Source : By Daniel Roberts from Inside the Magic

News image for article Battery manufacturer Powin files for bankruptcy months after landing $200M loan | TechCrunch

I Was Very Moved By The Life Of Chucks Ending, But I Especially Cant Stop Thinking About The Locked Room

News Source : By Sarah El-Mahmoud from CinemaBlend

News image for article Battery manufacturer Powin files for bankruptcy months after landing $200M loan | TechCrunch

Im Cant Wait to Play Remedys FBC Firebreak on Xbox Game Pass

News Source : By Zachary McAuliffe from CNET

News image for article Battery manufacturer Powin files for bankruptcy months after landing $200M loan | TechCrunch

You Can Play FBC Firebreak, Deus Ex and More on PlayStation Plus Now

News Source : By Zachary McAuliffe from CNET

News image for article Battery manufacturer Powin files for bankruptcy months after landing $200M loan | TechCrunch

10 Years of marriage equality Meet the Advocate editors who were there

News Source : By Tracy E. Gilchrist from Advocate.com

News image for article Battery manufacturer Powin files for bankruptcy months after landing $200M loan | TechCrunch

The iPads True Potential Unleashed iPadOS 26 is a Game Changer

News Source : By Roland Hutchinson from Geeky Gadgets

News image for article Battery manufacturer Powin files for bankruptcy months after landing $200M loan | TechCrunch

Gaming Influencers A Powerhouse For Game Developers

News Source : By Michael Kuzminov, Forbes Councils Member, Michael Kuzminov, Forbes Councils Member https://www.forbes.com/councils/forbesagencycouncil/people/michaelkuzminov/ from Forbes

News image for article Battery manufacturer Powin files for bankruptcy months after landing $200M loan | TechCrunch

6 Most Iconic Lesbian Films To Watch During Pride Month

News Source : By Nicole Stawiarski from Thoughtcatalog.com

News image for article Battery manufacturer Powin files for bankruptcy months after landing $200M loan | TechCrunch

EXCLUSIVE TV Sweetheart Mary Hart Reveals the One Thing Keeping Her Going Aged 74 And the Mantra She Lives By

News Source : By Aaron Johnson from Radaronline.com

News image for article Battery manufacturer Powin files for bankruptcy months after landing $200M loan | TechCrunch

Oprah mocked The Chosen actor Jonathan Roumies faith on live TV?

News Source : By Jordan Liles from Snopes.com

News image for article Battery manufacturer Powin files for bankruptcy months after landing $200M loan | TechCrunch

The smart office buddy tablet Doogee G6+ serves loyally, doesnt break the bank

News Source : By Preslav Kateliev from PhoneArena

News image for article Battery manufacturer Powin files for bankruptcy months after landing $200M loan | TechCrunch

SEVENTEENs Agency Provides Update On Ongoing Legal Action Against Malicious And Defamatory Posts

News Source : By MLim from soompi

News image for article Battery manufacturer Powin files for bankruptcy months after landing $200M loan | TechCrunch

Why David Lynchs Twin Peaks Was Canceled

News Source : By [email protected] (Bill Bria) from /FILM

News image for article Battery manufacturer Powin files for bankruptcy months after landing $200M loan | TechCrunch

KDE Plasma 6.4 Released, This is Whats New

News Source : By Joey Sneddon from Omgubuntu.co.uk

News image for article Battery manufacturer Powin files for bankruptcy months after landing $200M loan | TechCrunch

Opener against Fluminense FC 09 Facts about the MetLife Stadium in New Jersey

News Source : By Redaktionsteam BVB from Www.bvb.de

News image for article Battery manufacturer Powin files for bankruptcy months after landing $200M loan | TechCrunch

Google Pixel Drops Mic on iPhone in New AdIts Kind of Brutal

News Source : By Kristijan Lucic from Android Headlines

News image for article Battery manufacturer Powin files for bankruptcy months after landing $200M loan | TechCrunch

20% off 4K Blu Ray and DVDs , board games, pop culture lights and pop culture t shirts JB HIFI

News Source : By Sydneyswans from Ozbargain.com.au