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EV, Northvolt
Northvolt’s Ex-Tesla CEO Quits In EV Battery Bankruptcy Fallout
The CEO of Northvolt, Peter Carlsson, today resigned amongst ongoing fallout from the Swedish EV battery maker’s U.S. Chapter 11 bankruptcy filing.
EV battery maker Northvolt goes bankrupt
Northvolt, a Swedish maker of lithium-ion batteries that once was valued by venture capitalists at nearly $12 billion, has filed for bankruptcy. Why it matters This is a massive blow to Europe's EV manufacturing goals,
An EV-battery maker that raised $15 billion from investors including Goldman Sachs filed for bankruptcy protection after almost running out of cash
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak consumer demand for EVs.
NBC Los Angeles
3d
Battery giant Northvolt files for bankruptcy in major setback to Europe's EV ambitions
Northvolt
said the reorganization would help it access approximately ... The Stockholm-based business has long been ...
Yahoo
5h
Northvolt’s collapse countdown started with BMW pulling the plug
In late June, Volkswagen — which owns 23% of
Northvolt
— was prepared to step in, this person said. A representative for VW ...
1d
‘There was so much promise’: How Northvolt tumbled into bankruptcy
Battery champion became a symbol of Europe’s ambitions and then its failings on its way to Chapter 11 proceedings ...
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