Why did Thornton battery go out of business?

2021165438+1Thornton came back from the dead on October 23rd. According to Thornton Battery official website, 202 1 165438,1On October 23rd, Hunan consortium invested in Thornton New Energy, and Thornton came back to life with a future market value of 50 billion. By 20231October 9, Thornton's new energy is still developing.