Though the Swedish startup has raised over $14 billion, it has been running short on cash recently. © 2024 TechCrunch. All rights reserved. For personal use only.
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After a slew of setbacks, Swedish EV champion Northvolt is winding down part of its U.S. operations as it reevaluates its businessToday, Northvolt said it would close its research subsidiary, Cuberg, in San Francisco and move its research and development work back to Sweden. “Today is a sad day for me, the entire Cuberg ...
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