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Sweden’s Northvolt Files For Bankruptcy
Opinion
Northvolt’s Bankruptcy and the EV Crash
Green industrial policy is failing in Europe, a warning to the next Trump Administration.
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.
Northvolt, Europe’s Hope for a Battery Champion, Files for Bankruptcy
The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles.
3h
on MSN
Judge in Alex Jones’ bankruptcy to hear arguments on The Onion’s bid for Infowars
A federal judge in Texas is set to hold a hearing on whether the satirical news outlet The Onion made a valid bid for the ...
1d
on MSN
An EV-battery maker that raised $15 billion from investors including Goldman Sachs filed for bankruptcy protection after almost running out of cash
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...
2d
Snack maker Hearthside files for bankruptcy after child labor probe
Hearthside Food Solutions filed for bankruptcy protection on Friday, seeking to trim $1.9 billion debt and restructure its ...
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Tesla CEO Elon Musk Warns U.S. ‘Bankruptcy’ Is Coming ‘Super Fast’ Without A Dogecoin Inspired ‘Fix’
Tesla billionaire Elon Musk has predicted the U.S. could collapse into bankruptcy "super fast"—joking he will "fix" it with a ...
2d
Big Lots to close 19 more stores amid bankruptcy: Here are 11 that have closed in Michigan
Big Lots announced in September that the company filed for Chapter 11 bankruptcy protection and planned on closing more than ...
2d
on MSN
Northvolt chief resigns a day after battery maker collapses into bankruptcy
Northvolt’s chief executive has resigned a day after Europe’s big battery hope filed for bankruptcy in the US. Peter Carlsson ...
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Bankruptcy judge OKs $20M settlement for Bitwise workers’ unpaid-wage, labor law claims
Employees in Fresno and nationwide will receive payments cobbled from from insurance policies and recovered funds.
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A Miami health company is in bankruptcy and plans to sell. What patients should know
Miami-based CareMax, which provides healthcare to thousands of seniors at centers across the state, filed for Chapter 11 ...
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Snack Maker Hearthside Prepares to File for Bankruptcy
Snack maker Hearthside Food Solutions is preparing to file for bankruptcy as soon as this week, according to people with ...
2d
on MSN
Dog-friendly bar Bark Social that charged $365 per year for membership will file for bankruptcy
Bark Social, the combination dog park and bar with locations in Baltimore and Columbia, closed abruptly Nov. 21.
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