Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
Bankrupt battery maker Northvolt had relationships with some of the best-known electric aviation start-ups but whether its ...
Volkswagen bet big on European-made batteries a few years ago with two massive investments in Northvolt, the Swedish ...
Last week’s bankruptcy filing by once-exulted Swedish battery developer Northvolt starkly revealed how slower demand for electric vehicles is rippling through European industry. But while ...
Europe’s ambitions to lead the world in green technologies risk fizzling out in the face of China’s dominance. The outlook is ...
Northvolt needs $1.2bn to continue operations. It’s a telling number after the Swedish battery manufacturer secured $15bn in funding, which has delivered none of its promised battery capacity.
In recent years, Northvolt led a wave of European startups investing tens of billions of dollars to serve the continent's automakers as they switch from internal combustion engines to electric ...
I t was supposed to be a battery pioneer, a symbol of European competitiveness and an example of industrial policy done right ...
Struggling Swedish EV battery maker Northvolt filed for U.S. Chapter 11 bankruptcy protection on Thursday after failing to establish a funding ...
That has left Europe's ambitions to build its own battery industry looking a distant dream. In recent years, Northvolt led a wave of European startups investing tens of billions of dollars to ...
STOCKHOLM/GDANSK (Reuters) -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 ...