Zinc Battery Maker Eos Energy Reports $70.7 Million Loss in Q3, Ramps Production
The company ramped up the production of its new Z3 battery set for launch in 2023
November 10, 2022
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U.S-based sustainable zinc-based energy storage solutions provider Eos Energy Enterprises reported a net loss of $70.7 million for the third quarter (Q3) of 2022 due to the ongoing production ramp-up of Z3 batteries, higher logistics costs, and challenges posed by strained supply chains and staffing shortages.