France, Germany, Sweden Urge EU Battery Sector Push to Avoid China Reliance
BRUSSELS (Reuters) - France, Germany and Sweden called on the incoming European Commission on Thursday to ensure the future ...
Baillie Gifford European Growth Trust Reports Mixed Results
Baillie Gifford European Growth Trust PLC GBP (GB:BGEU) has released an update.Don't Miss our Black Friday Offers:Unlock your investing ...
Europe EV battery maker Northvolt files for bankruptcy protection, Reuters says
Struggling Swedish EV battery maker Northvolt filed for U.S. Chapter 11 bankruptcy protection on Thursday after failing to establish a funding ...
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Northvolt crisis marks major blow for Europe's EV battery hopes
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 ...
Volkswagen Has Taken Major Writedown on Northvolt Stake, Sources Say
BERLIN (Reuters) -Volkswagen, Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish ...
Europe’s electric car revolt claims its biggest scalp yet
Analysts at Rho Motion pared back their predictions for EV sales by a quarter, to 8.3m by 2030. In Europe, home to ...
An EV-battery maker that raised $15 billion from investors including Goldman Sachs filed for bankruptcy protection after almost running out of cash
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...
Northvolt Crisis May Be Make or Break for Europe's EV Battery Ambitions
Northvolt said on Friday it needed $1.0-$1.2 billion in new funds under the restructuring process, which it hopes will end by ...
Recession risk as Britain reels from Reeves’s Budget
Economists have sounded the alarm over a UK recession after data showed Britain’s economy was reeling from the effects of ...
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Delayed decision leaves African Nova Scotia land trust in limbo
A request for a block of land in the Cogswell Redevelopment Project by New Roots – an African Nova Scotia Land Trust – ...
Northvolt files for Chapter 11 bankruptcy in the U.S.
Northvolt has been discussing the possibility of filing for Chapter 11 bankruptcy protection in the United States as one of several options for survival, two sources familiar with the matter told ...
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Manitoba RCMP to start equipping officers with body-worn cameras as early as this week
Manitoba RCMP officers will soon be seen with body-worn cameras, with the police force saying the move is about being ...