Sweden's Northvolt files for bankruptcy, in blow to Europe's EV ...
2 days ago · Northvolt, the Swedish maker of battery cells for electric vehicles, said on Thursday it has filed for Chapter 11 bankruptcy protection in the U.S., dealing a blow to Europe's hopes that its most ...
Exclusive-Crisis-Hit EV Battery Champion Northvolt ... - U.S. News
6 days ago · Embattled green tech player Northvolt has missed some in-house targets and has curtailed production at its battery cells plant in northern Sweden, according to internal company documents and...
Exclusive: Crisis-hit EV battery champion Northvolt struggles to …
6 days ago · Nov 18 - Embattled green tech player Northvolt has missed some in-house targets and has curtailed production at its battery cells plant in northern Sweden, according to internal company...
Sweden's Northvolt Files for Bankruptcy, in Blow to Europe's EV …
2 days ago · US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. ... Northvolt said the $100 million in a new loan is part of $245 million in financing support for ...
Northvolt crisis may be make or break for Europe's EV battery …
1 day ago · Northvolt co-founder urges EU not to give up EV battery dream Firm has filed for bankruptcy protection, needs $1.0-$1.2 bln EU hopes hit by weak EV sales, production issues, China strength
EV battery maker Northvolt goes bankrupt - Axios
1 day ago · Northvolt, a Swedish maker of lithium-ion batteries that once was valued by venture capitalists at nearly $12 billion, has filed for bankruptcy. Why it matters This is a massive blow to Europe's EV manufacturing goals, as Northvolt was viewed as the best homegrown chance for reducing reliance on China.
Northvolt’s Collapse Countdown Started With BMW Pulling the Plug
4 hours ago · For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse started in June when BMW AG canceled a multi-billion order.
Northvolt CEO steps down, says EV maker needs up to US$1.2 …
1 day ago · Northvolt’s CEO and co-founder Peter Carlsson stepped down on Friday, a day after Europe’s biggest hope for an electric vehicle battery champion filed for U.S. Chapter 11 bankruptcy protection.
Northvolt chief warns of faltering green transition after battery …
2 days ago · Northvolt was Europe’s best-funded start-up, having raised more than $15bn from investors and governments, but was left with just $30mn in cash — enough to operate for a week — before its ...
Northvolt, Hailed As Europe’s Future EV Battery Champion
2 days ago · News Northvolt, Hailed As Europe’s Future EV Battery Champion, Files For Bankruptcy "Northvolt's liquidity picture has become dire," the company said in its Chapter 11 petition.