The European Union wants to develop a homegrown battery industry that can rival China's, but the bloc's best chance for ...
Northvolt's bankruptcy marks the end of a company that once had promised so much for Europe's battery industry.
After BMW nixed its battery supply deal with the Swedish battery maker that once aimed to rival firms from China and Korea, a ...
Northvolt, founded in 2016, had been struggling under a mountain of debt, slow demand, and production delays, leading to the bankruptcy.
In a moment of shifting power dynamics, Europe’s battery ambitions buckle with Northvolt’s collapse, deepening reliance on Asian suppliers as CATL eyes its Swedish factory. Meanwhile, France’s nuclear ...
Northvolt has announced more bad news. The parent company Northvolt AB and several subsidiaries have filed for bankruptcy in Sweden, despite the ongoing ...
I don’t know all the details of how Northvolt ended up here, but one thing is clear: you can’t build this industry without burning a lot of money for a long time. And this failure sends a terrible ...
On Tuesday evening, reports spread quickly that battery manufacturer Northvolt may be nearing bankruptcy, with Dagens Nyheter ...
VW’s deal with Northvolt included millions in cash that went toward the new battery maker’s expansion and the ultimate goal ...
Once seen as the "future of Europe's battery production," struggling EV battery maker Northvolt said it has filed for bankruptcy in Sweden, Bloomberg reports.
Battery maker Northvolt has filed for bankruptcy in Sweden, following failed talks with investors over a potential rescue ...
Battery firm Northvolt has filed for bankruptcy in Sweden, it confirmed on Wednesday, effectively ending Europe's hopes of ...
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