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.
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...
Northvolt said the reorganization would help it access approximately ... The Stockholm-based business has long been ...
EV battery developer and maker Northvolt hasn’t met some in-house production goals and has cut output at its battery cells ...
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