Northvolt’s Ex-Tesla CEO Quits In EV Battery Bankruptcy Fallout
The CEO of Northvolt, Peter Carlsson, today resigned amongst ongoing fallout from the Swedish EV battery maker’s U.S. Chapter 11 bankruptcy filing.
Northvolt files for bankruptcy—putting the breaks on Europe’s EV dreams
Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a struggling company.
Opinion
Opinion | Northvolt’s Bankruptcy and the EV Crash
Swedish battery manufacturer Northvolt last week filed for bankruptcy, one day after Ford announced 4,000 job cuts in Europe because of the government-mandated EV transition. Will the next Trump Administration learn from Europe’s blunders?
Swedish EV battery market Northvolt files for bankruptcy in US
This move is part of a strategic effort to restructure debt, scale operations and secure a sustainable foundation for continued operations.
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.
Opinion
Northvolt’s Bankruptcy and the EV Crash
Green industrial policy is failing in Europe, a warning to the next Trump Administration.
EV battery-maker Northvolt files for bankruptcy in the US
Northvolt, an electric vehicle battery-maker based in Stockholm, Sweden, has filed for US Chapter 11 bankruptcy protection.
Sweden's Northvolt files for bankruptcy, in blow to Europe's EV ambitions
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 developed battery player would reduce Western car makers' reliance on Chinese rivals.
Swedish EV battery maker Northvolt files for bankruptcy protection in US
Swedish battery-cell maker Northvolt AB has filed for chapter 11 bankruptcy protection in the US amid a slowing EV market.
An EV battery maker that raised $15 billion from investors including Goldman Sachs filed for bankruptcy protection after almost running out of cash
Northvolt had struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak consumer demand for EVs.
EV Battery Maker Northvolt Seeks Bankruptcy Protection in US
Northvolt has been seen as a cornerstone of European attempts to catch up with China and the United States in the production of battery cells, a crucial component of
NBC Los Angeles4d
Battery giant Northvolt files for bankruptcy in major setback to Europe's EV ambitions
Northvolt said the reorganization would help it access approximately ... The Stockholm-based business has long been ...
Exclusive: Crisis-hit EV battery champion Northvolt struggles to hit production targets
Embattled green tech player Northvolt has missed some in-house targets and has curtailed production at its battery cells ...