Following the financial downfall of Swedish startup Northvolt, European battery initiatives are turning to Chinese expertise and funding to sustain momentum. Slovakian startup InoBat exemplifies this ...

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(Bloomberg) -- Shanghai Putailai New Energy Technology Co., one of the world’s largest suppliers of battery materials, has pulled a plan to build a factory in Sweden following the collapse of ...

VODERADY, Slovakia (Reuters) - Northvolt's financial collapse has not entirely crushed Europe's dream of developing its own electric vehicle batteries but fulfilling it is likely to require ...

NEW YORK (Reuters) - Swedish electric-vehicle battery maker Northvolt said on Friday it expects to line up additional bankruptcy financing by late January after engaging with over 100 lenders and ...

Northvolt's collapse was a blow to Europe's battery industry Future growth may depend on Chinese investment and know-how Joint ventures with Chinese battery makers could become the norm VODERADY ...

Once hailed as Europe’s answer to CATL, Northvolt’s bankruptcy exposes the risks of poor leadership, flawed execution, and manufacturing failures—even with billions in backing. “So this is how battery ...

ATP, the Danish pensions giant, has admitted that the value of its 2.3 billion Danish kronor (3.5 billion Swedish kronor) investment in Northvolt is now somewhere close to zero. – There's not much ...

Northvolt’s second-day hearing with a bankruptcy court in the US has been pushed back to Friday from Tuesday, court papers show. Northvolt on Nov. 21 filed for Chapter 11 bankruptcy protection with a ...

Porsche’s ambitious electric vehicle (EV) plans are hitting a major roadblock as Northvolt, its primary battery supplier, faces financial and production struggles. The Swedish battery manufacturer’s ...

Meanwhile, the collapse of Sweden’s Northvolt is taking shape as a cautionary tale for EV battery-makers competing against lower-priced rivals in China and South Korea. The former darling of Europe’s ...