Northvolt was one of the world’s most valuable battery startups. Now it has run out of charge. Over the past week, the Swedish company filed for bankruptcy in the U.S. and said its co-founder ...
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 ...
Northvolt's US unit files for Chapter 11 bankruptcy protection as CEO Peter Carlsson, who has led the startup since 2016, leaves post in what has become a crisis for the European battery industry.
VW's Northvolt stake had book value of 693 mln euros at end-2023 Pension fund AMF: regularly reviewing holdings in unlisted firms VW will not comment on fallout of Northvolt bankruptcy filing ...
The chief executive of Northvolt stepped down on Friday, shortly after the Swedish battery maker filed for Chapter 11 bankruptcy protection in the U.S. Peter Carlsson, who co-founded Northvolt and ...
STOCKHOLM, Nov 22 (Reuters) - Sweden's Northvolt said on Thursday it will seek U.S. Chapter 11 bankruptcy protection as the cash-strapped battery start-up seeks to sort out its finances.
The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles. By Jack Ewing and Melissa Eddy Jack Ewing reported from New York and Melissa Eddy ...
BERLIN (Reuters) -Volkswagen, Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker that filed for bankruptcy protection in the United States ...
Ex-Tesla executive Peter Carlsson is stepping down as Northvolt CEO after the battery maker filed ... [+] for US Chapter 11 bankruptcy protection this week. Photo by Gregor Fischer/Getty Images.