European startups
fromwww.nytimes.com
2 months agoSwedish Battery Maker Northvolt Collapses, a Blow to Europe
Northvolt, Europe's largest battery producer hopeful, filed for bankruptcy and will be sold after failing to secure necessary funding.
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European startups
fromwww.thelocal.se
3 months agoSweden's Northvolt asks for extension of bankruptcy protection process
Northvolt is restructuring under Chapter 11 bankruptcy while managing workforce reductions and production challenges in the battery market.
Startup companies
fromBusiness Insider
1 month agoEV battery maker Northvolt failed after blowing through $15 billion. This US rival thinks it won't suffer the same fate.
Northvolt's bankruptcy highlights the dangers of overambition in the cleantech sector, while Redwood Materials adopts a more sustainable, strategic approach to battery production.
Startup companies
fromBusiness Insider
1 month agoEV battery maker Northvolt failed after blowing through $15 billion. This US rival thinks it won't suffer the same fate.
Northvolt's bankruptcy highlights the dangers of overambition in the cleantech sector, while Redwood Materials adopts a more sustainable, strategic approach to battery production.
Germany news
fromSustainable Bus
1 month agoMAN officially starts production of truck and bus battery packs in Nuremberg (and announces further investment) - Sustainable Bus
MAN Truck & Bus has launched battery production in Nuremberg, aiming for 100,000 packs annually to support zero-emission vehicle development.
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