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.
Yet on November 21st Northvolt, Europe’s best-funded startup, filed for bankruptcy. A day later its boss and founder, Peter ...
Northvolt’s story isn’t just about the big bucks of its big backers. It has doled out some important lessons about what’s ...
2don MSN
Volkswagen bet big on European-made batteries a few years ago with two massive investments in Northvolt, the Swedish ...
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 ...
3don MSNOpinion
Europe’s auto layoffs and Northvolt’s failure are warnings to the U.S. The domestic auto industry last week sent a letter to ...
Planned $7 million lithium-ion battery gigafactory in southern Quebec secured as “essential” to Swedish battery-maker’s ...
Bankrupt battery maker Northvolt had relationships with some of the best-known electric aviation start-ups but whether its ...
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