Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
Despite filing for bankruptcy protection in the United States, Northvolt is moving forward with the construction of its plant ...
Volkswagen , Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker ...
Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a ...
The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles.
Volkswagen has substantially written down its 21% stake in Northvolt, a Swedish battery cell manufacturer, reported Reuters.
Northvolt’s ambition was to challenge the dominance of Asian battery makers, such as CATL and BYD in China. The company ...
Northvolt, Europe’s standard bearer for building a domestic electric-vehicle supply chain, has filed for bankruptcy.
Electric-vehicle dreams are crashing into reality, and the latest signs come from Europe. Swedish battery manufacturer ...
Northvolt AB declared bankruptcy last week, leaving EU taxpayers potentially holding the bag for a staggering €293 million.
Swedish electric vehicle (EV) battery manufacturer Northvolt has filed for Chapter 11 bankruptcy protection in the US.