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The European EV industry faces significant challenges, including intense competition from Chinese EV and battery ...
Struggling Swedish EV battery maker Northvolt filed for U.S. Chapter 11 bankruptcy protection on Thursday after failing to establish a funding ...
Electric-vehicle dreams are crashing into reality, and the latest signs come from Europe. Swedish battery manufacturer ...
Volkswagen bet big on European-made batteries a few years ago with two massive investments in Northvolt, the Swedish ...
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 ...
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EADaily, November 24th, 2024. Europe's largest battery manufacturer, the Swedish company Northvolt, has declared bankruptcy.