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Northvolt collapse leaves EU taxpayer on hook for €293m
Northvolt collapse leaves EU taxpayer on the hook for €293m
The Swedish battery maker filed for bankruptcy last week, dashing ambitions for the European electric vehicles sector – and leaving significant EU loans outstanding View on euronews
Northvolt's Collapse: A Setback for Europe’s Green Revolution?
On the programme, we examine the collapse of Swedish battery maker Northvolt, a key player in Europe's push for green energy and electric vehicles. What caused its downfall, and is there any future for the firm or Europe’s electric vision?
Northvolt's bankruptcy: The end of Europe's electric dream?
It was Europe's flagship battery production. At least, it wanted to be. The Swedish company Northvolt was placed under bankruptcy protection. The dream thus becomes a nightmare. Founded in 2015 by former Tesla executives and renamed Northvolt in 2017,
Opinion
21h
on MSN
Opinion
Northvolt’s Bankruptcy and the EV Crash
Green industrial policy is failing in Europe, a warning to the next Trump Administration.
6h
on MSN
Volkswagen has taken major writedown on Northvolt stake, sources say
Volkswagen , Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker ...
3h
Volkswagen wrote down majority of its stake in Northvolt over past year
Volkswagen has written down the majority of its 21 per cent stake in Northvolt over the past year ahead of the Swedish ...
Edie
8h
EV battery maker Northvolt collapses into administration
Swedish electric vehicle (EV) battery developer and manufacturer Northvolt has collapsed into administration, with at least ...
1h
on MSN
Northvolt crisis may be make or break for Europe's EV battery ambitions
By Marie Mannes, Alessandro Parodi, Stine JacobsenSTOCKHOLM/GDANSK (Reuters) -Northvolt's financial collapse deals a blow to ...
2d
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 ...
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 ...
GlobalData on MSN
2d
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 ...
13h
The Northvolt dilemma: can European EVs avoid relying on Asian batteries?
Northvolt’s demise means the battle for dominance of the European market is likely to play out between Asian battery makers. LGES and SK On both have European plants, in Poland and Hungary ...
3d
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.
3d
on MSN
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 ...
3d
Northvolt CEO steps down, saying group needs up to $1.2 billion
Northvolt's CEO and co-founder Peter Carlsson stepped down on Friday, a day after Europe's biggest hope for an electric ...
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