Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...

Northvolt, the Swedish manufacturer of battery cells for electric vehicles (EVs), has filed for Chapter 11 bankruptcy ...

Swedish battery manufacturer Northvolt last week filed for bankruptcy, one day after Ford announced 4,000 job cuts in Europe ...

Green industrial policy is failing in Europe, a warning to the next Trump Administration.

Plus: Goldman Sachs takes $1.4b hit on battery bet; Amazon doubles Anthropic bet to $12b; Trump finalises loyalist cabinet ...

For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse ...

Sweden’s Northvolt was once a darling of the battery industry and Europe’s best hope for competing with China’s dominant ...

Nov 2024 - Northvolt, the Swedish battery maker once hailed as a cornerstone of Europe’s electric vehicle battery production, has filed for Chapter 11 bankruptcy protection in the United States.

Funds managed by Goldman Sachs Asset Management are set to write off almost $900 million on investments in Swedish battery ...