Enerpoly goes bust in latest jolt to Europe’s battery sector
13 aug. 2025
15:49
Swedish battery startup Enerpoly has gone bankrupt, according to the company’s public filings.
It's the latest blow to Europe’s ambitions for a homegrown battery industry capable of competing with the US and Asia.
Europe’s battery ventures need to work “faster and better,” Marius Koestler, vice president at British startup Monolith, tells Impact Loop.
It's the latest blow to Europe’s ambitions for a homegrown battery industry capable of competing with the US and Asia.
Europe’s battery ventures need to work “faster and better,” Marius Koestler, vice president at British startup Monolith, tells Impact Loop.
In September last year, Enerpoly opened the world’s first zinc-ion battery factory. The Stockholm-based company aimed to reach a maximum production capacity of 100MWh at the site by 2026. That’s enough energy to power around 20,000 homes.
Less than a year later, Enerpoly has run out of cash, according to the Swedish business information service Bolagsfakta.