Sweden’s Northvolt AB was Europe’s best hope of rivaling the giant Chinese companies that make most of the world’s electric ...
Europe’s ambitions to lead the world in green technologies risk fizzling out in the face of China’s dominance. The outlook is especially bleak when it comes to electric vehicle batteries, an important ...
I t was supposed to be a battery pioneer, a symbol of European competitiveness and an example of industrial policy done right ...
Plus, Northvolt’s bankruptcy leads to investor losses and Blackstone teams up with energy giant in new financing deal ...
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
Sweden’s Northvolt was once a darling of the battery industry and Europe’s best hope for competing with China’s dominant ...