This Battery Startup Raised $15 Billion. Then It Went Bust. Sweden's Northvolt was once a darling of the battery industry and Europe's best hope for competing with China's dominant battery makers.
Swedish battery manufacturer Northvolt last week filed for bankruptcy, one day after Ford announced 4,000 job cuts in Europe ...
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Sweden’s Northvolt was once a darling of the battery industry and Europe’s best hope for competing with China’s dominant ...
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 ...
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...
Northvolt, once Europe's beacon for electric vehicle batteries, filed for U.S. Chapter 11 bankruptcy protection. CEO Peter Carlsson resigned amid production woes and financial instability. The firm's ...
Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a ...
Perhaps no other European battery startup over the past decade has created as much industry buzz as Northvolt, backing rapid ...
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The chief executive of Northvolt stepped down on Friday, shortly after the Swedish battery maker filed for Chapter 11 ...