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Ailing Swedish EV battery firm Northvolt files for bankruptcy
Struggling electric vehicle battery manufacturer Northvolt says it has filed for bankruptcy in Sweden.CNBC - 9h -
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 - 8h -
Northvolt files for bankruptcy in Sweden
Collapse of vehicle battery maker deals major blow to Europe’s bid to rival ChinaFinancial Times - 10h -
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 - 3h -
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 - 59m