Northvolt, the electric-vehicle-battery company founded by two former Tesla executives, has filed for Chapter 11 bankruptcy protection after struggling to ramp up production. The Swedish company ...
Hyundai, Kia and Genesis recalled 200,000 EVs due to a faulty 12-volt battery charging system. The issue could cause affected vehicles to lose power while driving, creating a potentially dangerous ...
Volkswagen bet big on European-made batteries a few years ago with two massive investments in Northvolt, the Swedish manufacturer. Now the automaker’s €1.4 billion stake is worth less than ...
General Motors is selling its stake in an electric vehicle battery facility to its partner LG Energy Solutions, the automaker announced Monday. The nearly completed factory in Lansing, Michigan ...
Northvolt, a major Swedish battery maker, filed for bankruptcy in the U.S., seeking to restructure the debt it had taken on to pay for its rapid expansion. Stockholm-based Northvolt said it had ...
Beleaguered Swedish battery manufacturer Northvolt announced on Thursday that it was filing for bankruptcy in the U.S., striking a blow to Europe’s ambitions for homegrown lithium-ion batteries.
Previously, he was a reporter for the Financial Times. The collapse of battery startup Northvolt AB is a significant blow to Europe’s clean tech ambitions, but it’s important the continent ...
With only $30 million — one week’s cash — left in its accounts, Sweden’s onetime battery wonder Northvolt filed for bankruptcy protection in the US. It’s a rough wake-up call for Europe ...
The company ran into big problems with production at a time when demand for EVs slumped. In a huge blow to Europe’s plan to set up its own battery industry to power electric cars, Peter Carlsson ...
Why does it always seem like your car battery chooses the day you’re running late to get to work in the cold, dark, snow, or rain to give up the ghost and stop working? You jump in the car ...
Northvolt co-founder urges EU not to give up EV battery dream Firm has filed for bankruptcy protection, needs $1.0-$1.2 bln EU hopes hit by weak EV sales, production issues, China strength ...