Northvolt, Europe's leading battery startup, filed for U.S. bankruptcy protection, highlighting strained efforts to compete ...
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
Macy's announced Monday that a single employee was responsible for so many accounting irregularities that the company was ...
Goldman Sachs has a smudge on its face when it comes to electric vehicle batteries. The storied Wall Street giant was a major ...
Yet analysts believe that if Europe backs off in the battery race now, it risks being even more behind China than it already ...
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 ...
Green industrial policy is failing in Europe, a warning to the next Trump Administration.
For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse ...
European markets are expected to open higher on Friday. The U.K.'s FTSE 100 index is expected to open 33 points higher at ...
Soon after that, VW’s truck unit, Scania, complained after Northvolt had trouble ramping up production volumes, and then BMW ...
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...