Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
The write down reflects the challenges faced by Northvolt, including missed production targets and a slower-than-expected ...
Northvolt is bankrupt. But European car companies desperately need its automotive batteries for future production targets.
STORY: Northvolt’s financial collapse could spell the end of Europe’s ambitions to set up its own battery industry to power ...
Electric-vehicle dreams are crashing into reality, and the latest signs come from Europe. Swedish battery manufacturer ...
Struggling Swedish EV battery maker Northvolt filed for U.S. Chapter 11 bankruptcy protection on Thursday after failing to establish a funding ...
Volkswagen, Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker that ...
Some of the company's $5.84 billion debt is owed to the EU. On the programme, we examine the collapse of Swedish battery maker Northvolt, a key player in Europe's push for green energy and electric ...
Peter Carlsson, the CEO and co-founder of Northvolt, quit the company last week and in doing so revealed that it needed a ...
Europe risks losing investments and industrial jobs to countries including the US if the region fails to cut red tape and ...
Export credit agencies (ECAs) from France, Germany and Japan have US$668mn of exposure to Swedish battery maker Northvolt, ...
Yet analysts believe that if Europe backs off in the battery race now, it risks being even more behind China than it already ...