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.
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 ...
Peter Carlsson, the CEO and co-founder of Northvolt, quit the company last week and in doing so revealed that it needed a ...
By Marie Mannes, Alessandro Parodi, Stine JacobsenSTOCKHOLM/GDANSK (Reuters) -Northvolt's financial collapse deals a blow to ...
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, ...
Northvolt, Europe’s standard bearer for building a domestic electric-vehicle supply chain, has filed for bankruptcy. The ...
Baillie Gifford European Growth Trust PLC GBP (GB:BGEU) has released an update. Baillie Gifford European Growth Trust ...
So when Northvolt filed for bankruptcy last week, it wasn’t just a blow for Europe’s hopes to develop a homegrown EV battery ...