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Sweden’s Northvolt Files For Bankruptcy
Northvolt CEO resigns as Europe’s big hope for a battery champion files for bankruptcy
Swedish battery maker Northvolt filed for Chapter 11 bankruptcy protection in the U.S., delivering a blow to Europe's electrification ambitions.
Northvolt crisis may be make or break for Europe's EV battery ambitions
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, stirring a debate about whether it needs to do more to attract investment as startups struggle to catch up with Chinese rivals.
Northvolt files for bankruptcy—putting the breaks on Europe’s EV dreams
Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a struggling company.
Bloomberg L.P.
5h
Northvolt’s Collapse Countdown Started With BMW Pulling the Plug
For
Northvolt
AB, the Swedish startup that became a poster child for
Europe
’s electric-driving future, the route to ...
NBC Los Angeles
3d
Battery giant Northvolt files for bankruptcy in major setback to Europe's EV ambitions
Swedish battery maker
Northvolt
filed for Chapter 11 bankruptcy protection in the U.S., delivering a blow to
Europe
's ...
4h
Northvolt short circuits Europe’s green ambitions
Northvolt, the Swedish battery maker once hailed as a cornerstone of Europe’s electric vehicle (EV) battery production, has ...
3h
Europe stocks close higher; UK's FTSE 100 posts best session for three months as sterling, euro slump
European markets are expected to open higher on Friday. The U.K.'s FTSE 100 index is expected to open 33 points higher at ...
Yahoo
2d
Battery unicorn Northvolt files for bankruptcy, upending Europe’s industrial plan
Beleaguered Swedish battery manufacturer
Northvolt
announced today that it was filing for bankruptcy in the U.S., striking ...
13h
Goldman funds to take $900 million hit on Northvolt, FT reports
Funds managed by Goldman Sachs will write off nearly $900 million after Swedish lithium-ion battery producer Northvolt filed ...
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