The 140-year-old German giant Varta is on the brink of bankruptcy.

Here is the translated text while preserving the original HTML structure, including the translation of the `title` and `alt` attributes in the `img` tag:



```html

While there is fierce competition among global giants in battery production, the German giant Varta, one of Europe's long-established manufacturers, is struggling with a serious financial crisis in the face of rapid investments from the USA and China. With a history of 140 years, Varta is on the brink of collapse due to its debt burden.

Today, batteries used in various electronic devices, from smartphones to digital watches, headphones to tablets and pens, as well as keyboards and mice, have become an integral part of life. The rise of electric and hybrid vehicles is also increasing the importance of battery technologies.

TURKEY AIMS TO OFFER A WIDE RANGE OF PRODUCTION

While China and the USA lead the global battery war, Turkey is also drawing attention with the TOGG project. Turkey aims to offer a wide range of production from vehicle batteries to smart devices through the Siro battery company established in partnership with Chinese energy giant Farasis Energy.

THE BIGGEST COLLAPSE IN STOCK MARKET HISTORY

Varta has been in the news recently due to financial difficulties stemming from a debt burden exceeding 600 million euros. According to information from Ekonomim, the company is facing cash flow problems, leading to significant delays in payments. Known for its 140-year history, Varta is heading towards a major collapse as its stock prices fall below the levels seen during the 2008 crisis, which is regarded as one of the largest collapses in world stock market history.

THEY REACHED A HISTORICAL PEAK BUT...

Having reached a historical peak by signing a production agreement with Apple for AirPods, Varta struggled under the cost pressure from Chinese manufacturers. The German giant, unable to meet the necessary R&D investments to develop electric vehicle batteries, found it difficult to stand against the aggressive strategies of Chinese giants like BYD and CATL in raw material supply. This situation has led to a significant loss of market share for Varta, including among German brands.