STORY: Northvolt’s financial collapse could spell the end of Europe’s ambitions to set up its own battery industry to power ...
For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse started in June when BMW AG canceled a multi-billion-dollar order.Most Read ...
Battery manufacturer Northvolt announced late last week that it would file for Chapter 11 bankruptcy protection in the United ...
Yet analysts believe that if Europe backs off in the battery race now, it risks being even more behind China than it already ...
Volkswagen has written down the majority of its 21 per cent stake in Northvolt over the past year ahead of the Swedish ...
Gautam Adani indicted in U.S for alleged solar-related bribery scheme Gautam Adani faces an indictment in the United States ...
Volkswagen and Goldman Sachs write off stakes in Northvolt due to missed production targets, resulting in significant ...
Volkswagen , Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker ...
Northvolt files for bankruptcy in the US in major blow to European hopes to have a homegrown battery maker that can compete ...
It was Europe's flagship battery production. At least, it wanted to be. The Swedish company Northvolt was placed under ...
In a huge blow to Europe’s plan to set up its own battery industry to power electric cars, Peter Carlsson resigned as CEO of ...