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 ...
Northvolt files for bankruptcy in the US in major blow to European hopes to have a homegrown battery maker that can compete ...
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 ...
Sweden’s Northvolt was once a darling of the battery industry and Europe’s best hope for competing with China’s dominant ...
The following day, co-founder and chief executive Peter Carlsson, who only a year ago had been trumpeting Northvolt as a ...
The Goldman private equity funds, which together ranked as the second-largest shareholders in Northvolt, plan to write down ...
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...
Subdued car sales and intense competition have hit earnings at carmakers. Northvolt CEO Peter Carlsson Steps Down The Swedish battery maker said Carlsson will become a senior adviser as the company ...
Economists have sounded the alarm over a UK recession after data showed Britain’s economy was reeling from the effects of ...
The battery maker’s troubles continue to mount after expansion setbacks, as automakers scramble for supplies. Here’s how this ...