End of the road for EV battery maker that raised $15 billion from investors including Goldman Sachs and BlackRock
The Swedish company aimed to become Europe's main EV battery maker and take on Chinese rivals, but filed for Chapter 11 ...
Swedish battery maker Northvolt files for bankruptcy as cash runs out
Northvolt, the Swedish maker of battery cells for electric vehicles, said on Wednesday it has filed for bankruptcy in Sweden, ...
Swedish Battery Maker Northvolt Files For Bankruptcy in Sweden
Rising capital costs, lower demand and geopolitical instability with subsequent supply-chain disruptions all added to the ...
EV Maker NIO Ties Up With CATL to Build Battery-Swapping Network
NIO said in a WeChat post on Tuesday that it signed a strategic partnership agreement with CATL to develop a battery-swapping network for passenger cars. CATL is working on a 2.5 billion yuan ...
French battery maker ACC welcomes EU auto sector support but fears it's too late
French battery maker Automotive Cells Company said on Thursday it welcomed support from the European Union for the auto ...
Chinese EV battery maker CATL expected to see strong growth in 2025, analysts say
In spite of prevailing challenges, CATL was the world’s largest battery maker in 2024 with a 37.9 per cent market share. It ...
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EV Maker BYD Takes On Tesla With Batteries That Can Charge In Five Minutes, Tesla Investor Call For Musk To Step Down As Boss
Investors are speculating that China’s BYD could outdo Elon Musk’s Tesla after the former rolled out an EV with batteries ...
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Battery Maker Northvolt Files for Bankruptcy in Sweden, Future Canadian Plant in Limbo
Swedish electric car battery maker Northvolt has filed for bankruptcy in Sweden, dealing a blow to European efforts to ...
Swedish EV battery maker Northvolt files for bankruptcy, putting Quebec plant plans in doubt
Northvolt AB, the European electric vehicle battery maker, has filed for bankruptcy in Sweden in a move that raises serious ...