TerraE consortium dissolved, page-134

Sven Buaer 'going solo' with TerraE has more spin than Shane Warne.


BMZ 'taking over' TerraE doesn't play well despite more lofty plans for the future. Back in Jan 2018 we had the TerraE Gigafactory Locations in 14 days fiasco:
"We are in the location process and have held talks in several European countries," says TerraE CEO Holger Gritzka on request of the magazine bizz energy. Where the factory comes from, TerraE will announce within the next 14 days."

No locations ten months later, CEO Holger Gritzka now moved on along with other founder Dr. Ulrich Ehmes, leaving Sven Bauer flying solo:
BMZ takes over TerraE and wants to accelerate battery cell production in Germany alone
"The battery supplier was one of the founding members of the consortium TerraE. Now he continues on his own."

Seems TerraE partners uninterested in e-bikes & electric tools and TerraE failed to secure licenses for automotive cells, recall TerraE began as spin-off from BMZ:
May 22, 2017 BMZ spin-off plans to build Giga factory for lithium-ion cells

So back at square one with TerraE's management team after the departures, just the face of Sven Bauer: https://www.terrae.com/management/

Might want to get on blower to Frank to check mou remains in place...