Swedish battery company Northvolt’s bankruptcy filing could affect Canadian pension plans, even though its subsidiary’s C$7-billion electric vehicle battery plant in Quebec is still moving forward.
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
Yet analysts believe that if Europe backs off in the battery race now, it risks being even more behind China than it already ...
It was Europe's flagship battery production. At least, it wanted to be. The Swedish company Northvolt was placed under ...
This Battery Startup Raised $15 Billion. Then It Went Bust. Sweden's Northvolt was once a darling of the battery industry and Europe's best hope for competing with China's dominant battery makers.
Sweden’s Northvolt was once a darling of the battery industry and Europe’s best hope for competing with China’s dominant ...
German Economy Minister Robert Habeck expressed cautious optimism about the future of financially troubled Swedish electric ...
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...
This move is part of a strategic effort to restructure debt, scale operations and secure a sustainable foundation for ...
Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a ...
Back in September Northvolt significantly scaled back its expansion plans and suspended cathode active material production at ...
The Swedish EV battery manufacturer, Northvolt AB, and certain of its subsidiaries voluntarily filed for Chapter 11 ...