Swedish battery maker Northvolt files for bankruptcy as cash runs out
Northvolt, the Swedish battery cell maker for electric vehicles, said on Wednesday it had filed for bankruptcy in Sweden, one of the country's largest and ending Europe's best hope of developing a rival to major Asian EV battery players.
The Swedish company aimed to become Europe's main EV battery maker and take on Chinese rivals, but filed for Chapter 11 ...
Batteries facilitate the adoption of renewable energy. Their installation costs, as well as the price of lithium, have come way down.
Most battery electric cars have a real-world range of around 220 miles on a full charge, though there are models that can do ...
Truckmaker Scania still intends to buy Northvolt's battery pack business despite the Swedish battery maker having declared ...
The company and its assets will be sold after it filed for bankruptcy in Sweden, sinking Europe’s best hope for competing ...
Europe’s ambition to lead the world in green industries was always going to be a stretch given China’s head-start in many low ...
Battery-electric vehicles have seen virtually no market share growth in America over the past two years. Low gas prices won’t ...
This incident is one of more than 170 fires linked to lithium-ion batteries since late 2023, said State Fire Marshal Jon ...
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