Economist Claes Hemberg doesn't see Northvolt's bankruptcy as the end for the Skellefteå battery factory. Instead, he ...
Northvolt, an electric vehicle battery maker, filed for bankruptcy in Sweden recently and Volkswagen is its largest ...
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Northvolt, founded in 2016, had been struggling under a mountain of debt, slow demand, and production delays, leading to the bankruptcy.
Sweden’s Northvolt has filed for bankruptcy. It marks the end of Europe’s best hope for competing with car batteries from Asia. Northvolt was once considered Europe’s best funded start-up, but it’s ...
Swedish electric car battery maker Northvolt has filed for bankruptcy in Sweden, dealing a blow to European efforts to ...
Swedish electric car battery maker Northvolt has filed for bankruptcy in Sweden, dealing a blow to European efforts to ...
Unable to arrest the slide in its finances, Northvolt sought bankruptcy protection in the U.S. a bid to raise new financing. However, failure to reach a deal forced it to file for insolvency ...
Truckmaker Scania still intends to buy Northvolt's battery pack business despite the Swedish battery maker having declared ...
FY2024 results showed stronger-than-expected earnings, but significant challenges remain. See why I continue to rate the ...
European markets closed higher on Wednesday after the EU imposed retaliatory tariffs on imports of steel and aluminium from ...
Volkswagen said it remained in contact with Northvolt but declined to comment further on the bankruptcy. Several shareholders ...
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