Swedish electric vehicle (EV) battery developer and manufacturer Northvolt has collapsed into administration, with at least $1bn of investment needed for a rescue deal. Northvolt filed for Chapter 11 ...
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
The CEO of Northvolt, Peter Carlsson, today resigned amongst ongoing fallout from the Swedish EV battery maker’s U.S. Chapter ...
Northvolt is bankrupt. But European car companies desperately need its automotive batteries for future production targets.
Swedish electric vehicle (EV) battery manufacturer Northvolt has filed for Chapter 11 bankruptcy protection in the US.
Struggling Swedish EV battery maker Northvolt filed for U.S. Chapter 11 bankruptcy protection on Thursday after failing to establish a funding ...
Sweden's beleaguered electric car battery maker Northvolt on Thursday said it had applied for bankruptcy protection in the United States to enable it to restructure its debt and reorganise its ...
The company was hailed as one of Europe's biggest hopes against China's EV battery supremacy. Northvolt's financial situation deteriorated in a matter of months. Swedish-based Northvolt ...
Hailed as Europe's best chance to weaken China's overwhelming dominance of the electric vehicle (EV) battery market, Northvolt fired a fifth of its global workforce and shrank its operations in ...
STORY: Northvolt’s financial collapse could spell ... The Swedish company - Europe’s biggest hope for an EV battery champion - filed for bankruptcy in the US on Thursday (November 21).
Hailed as Europe's best chance to weaken China's overwhelming dominance of the electric vehicle (EV) battery market, Northvolt fired a fifth of its global workforce and shrank its operations in ...
Swedish electric vehicle (EV) battery manufacturer Northvolt has filed for Chapter 11 bankruptcy protection in the US. This move is part of a strategic effort to restructure debt, scale operations ...