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Northvolt, Europe
Sweden's Northvolt files for bankruptcy, in blow to Europe's EV ambitions
Northvolt, the Swedish maker of battery cells for electric vehicles, said on Thursday it has filed for Chapter 11 bankruptcy protection in the U.S., dealing a blow to Europe's hopes that its most developed battery player would reduce Western car makers' reliance on Chinese rivals.
Swedish EV battery market Northvolt files for bankruptcy in US
This move is part of a strategic effort to restructure debt, scale operations and secure a sustainable foundation for continued operations.
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.
Flightglobal
7h
The electric-aircraft companies with ties to bankrupt battery maker Northvolt
Bankrupt battery maker Northvolt had relationships with some of the best-known electric-aviation start-ups. Whether its ...
5d
on MSN
Swedish Battery Maker Northvolt Files for Chapter 11 Protection
Northvolt, a major Swedish battery maker, filed for bankruptcy in the U.S., seeking to restructure the debt it had taken on ...
2d
on MSN
Volkswagen slashes the value of its stake in Northvolt, the beleaguered battery manufacturer
Volkswagen bet big on European-made batteries a few years ago with two massive investments in Northvolt, the Swedish ...
3d
Northvolt Collapse Countdown Started With BMW Pullback
For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse ...
autoevolution
5d
Swedish Battery Company Northvolt Files for Bankruptcy in a Blow to European Carmakers
Swedish battery manufacturer Northvolt has filed for bankruptcy, dashing Europeans' hopes for local battery production and ...
18h
How to Analyze the Northvolt Bankruptcy Using Toyota’s ‘Five Whys’ Technique
Here is a preliminary five whys analysis of Northvolt’s bankruptcy based on recent research: After reporting a $1.2 billion ...
7d
Northvolt Hires Restructuring Expert to Oversee Swedish Plant
Sweden’s Northvolt AB hired restructuring expert Paul O’Donnell to oversee its main factory unit, as time runs short for the ...
electrive
19h
VW and Goldman Sachs write off Northvolt shares
Northvolt number one and number two shareholders, namely Volkswagen and Goldman Sachs, will write down their stake in the ...
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