Green industrial policy is failing in Europe, a warning to the next Trump Administration.
Swedish battery manufacturer Northvolt last week filed for bankruptcy, one day after Ford announced 4,000 job cuts in Europe ...
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
The report highlights the swift downfall of Northvolt, which, in a matter of months, went from being hailed as Europe's best ...
The US bank is the second-largest shareholder in Swedish battery maker Northvolt which has filed for Chapter 11 bankruptcy.
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.
By late summer, with EV sales stagnant in Europe and its ... in-possession financing at a hefty interest rate of 16%.
Sweden’s Northvolt was once a darling of the battery industry and Europe’s best hope for competing with China’s dominant ...
Retailers and shippers traditionally hire seasonal workers to fulfill holiday shoppers' demands, whether online or in person.