Europe’s auto layoffs and Northvolt’s failure are warnings to the U.S. The domestic auto industry last week sent a letter to ...

Northvolt’s demise means the battle for dominance of the European market is likely to play out between Asian battery makers. LGES and SK On both have European plants, in Poland and Hungary ...

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Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a ...

Swedish battery manufacturer Northvolt has filed for bankruptcy, dashing Europeans' hopes for local battery production and ...

CATL's second-generation sodium-ion cells can reportedly discharge normally even at -40 degrees Celsius (-40F as temperature ...

Northvolt’s chief executive has resigned a day after Europe’s big battery hope filed for bankruptcy in the US. Peter Carlsson took responsibility for the dramatic collapse during a town-hall meeting ...

Sweden's Northvolt, previously Europe's promising electric-vehicle battery producer, seeks U.S. Chapter 11 bankruptcy ...

Northvolt CEO Carlsson admitted to overspending and challenges ... particularly Chinese companies like CATL and BYD. This ...

EADaily, November 24th, 2024. Europe's largest battery manufacturer, the Swedish company Northvolt, has declared bankruptcy.

Northvolt, the promising Swedish battery startup, has filed for Chapter 11 bankruptcy due to severe financial difficulties. With $5 billion in debt, it is now looking for investors to avoid collapse ...

Northvolt's CEO and co-founder Peter Carlsson stepped down on Friday, a day after Europe's biggest hope for an electric ...