Northvolt files for bankruptcy in Sweden
Collapse of vehicle battery maker deals major blow to Europe’s bid to rival China
Read more at Financial Times
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Swedish Battery Maker Northvolt Collapses, a Blow to Europe
The company and its assets will be sold after it filed for bankruptcy in Sweden, sinking Europe’s best hope for competing against Asian rivals.The New York Times - 3d -
EV battery startup Northvolt files for bankruptcy in Sweden
Swedish firm unable to ‘secure the necessary financial conditions to continue in its current form’. Northvolt, the Swedish electric vehicle battery startup, has filed for bankruptcy in Sweden, ...The Guardian - 4d -
Lights out at Northvolt
The collapse of the battery maker hurts Europe’s bid to rival ChinaFinancial Times - 3d -
Ailing Swedish EV battery firm Northvolt files for bankruptcy
Struggling electric vehicle battery manufacturer Northvolt says it has filed for bankruptcy in Sweden.CNBC - 4d -
Northvolt’s fate teaches Europe a lesson: stick to what you’re good at
Bankruptcy dashes hope that a European EV battery maker could be capable of denting market dominance of Asian rivalsFinancial Times - 3d -
Chinese battery giant CATL posts annual revenue drop ahead of Hong Kong listing
The world's largest electric-vehicle battery maker has filed for a listing in Hong Kong, without disclosing the exact size and timeline.CNBC - 1d -
Boss of bankrupt Northvolt urges Europe to invest in homegrown battery sector
Industry executives criticise ‘strategic failure’ by Swedish government and Brussels for allowing start-up to failFinancial Times - 3d -
Trump's 200% tariffs could have an unlikely winner — troubled beer brewers
U.S. President Donald Trump's threat to impose 200% tariffs on alcohol from Europe would serve a major blow to drinks makers on the continent, but it could have one unlikely beneficiary — the ...CNBC - 1d -
‘Major brand worries’: Just how toxic is Elon Musk for Tesla?
With sales down and electric vehicle rivals catching up, the rightwing politico’s brand is driving into a storm. Globally renowned brands would not, ordinarily, want to be associated with Germany’s ...The Guardian - Mar. 8
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