After Northvolt’s failure, who will make Europe’s EV batteries?
F EW European startups have attracted as much attention—and none as much capital—as Northvolt. On November 21st the Swedish maker of batteries for electric vehicles ( EV s), and a would-be European champion, went bankrupt, having raised $15bn from governments and investors. Its boss, Peter Carlsson, resigned shortly after.
Bankrupt battery maker Northvolt had relationships with some of the best-known electric aviation start-ups but whether its ...
For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse ...
Volkswagen , Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker ...
Northvolt’s story isn’t just about the big bucks of its big backers. It has doled out some important lessons about what’s ...
Northvolt’s bankruptcy and the heavy losses traditional auto manufacturers are seeing on EVs are evidence that betting ...
Planned $7 million lithium-ion battery gigafactory in southern Quebec secured as “essential” to Swedish battery-maker’s ...
Northvolt AB declared bankruptcy last week, leaving EU taxpayers potentially holding the bag for a staggering €293 million.
Here is a preliminary five whys analysis of Northvolt’s bankruptcy based on recent research: After reporting a $1.2 billion ...
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