Northvolt crisis may be make or break for Europe's EV battery ambitions
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, stirring a debate about whether it needs to do more to attract investment as startups struggle to catch up with Chinese rivals.
1don MSNOpinion
Europe’s auto layoffs and Northvolt’s failure are warnings to the U.S. The domestic auto industry last week sent a letter to ...
For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse ...
Swedish battery maker Northvolt filed for Chapter 11 bankruptcy protection in the U.S., delivering a blow to Europe's ...
The Swedish battery maker said Carlsson will become a senior adviser as the company enters U.S. bankruptcy and initiates a ...
Funds managed by Goldman Sachs will write off nearly $900 million after Swedish lithium-ion battery producer Northvolt filed ...
Battery manufacturer Northvolt announced late last week that it would file for Chapter 11 bankruptcy protection in the United ...
The rules are different in private equity. The Financial Times reported over the weekend that Goldman Sachs would write down its $900mn investment in troubled battery maker Northvolt to zero.
Sweden’s Northvolt was once a darling of the battery industry and Europe’s best hope for competing with China’s dominant ...
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