Industry executives criticise ‘strategic failure’ by Swedish government and Brussels for allowing start-up to fail
The collapse of the battery maker hurts Europe’s bid to rival China
Bankruptcy dashes hope a European EV battery maker could be capable of denting market dominance of Asian rivals
Collapse of vehicle battery maker deals major blow to Europe’s bid to rival China
Deal for undisclosed sum is Swedish battery maker’s latest step in efforts to shore up finances
Bloc needs a regulatory framework to ensure skills transfer from Asian companies, warns report
The one-time great European hope for the battery industry faces an uphill task to secure a financial rescue
How battery maker Northvolt went from Europe’s best-funded startup to filing for bankruptcy
People understand that transitions are hard — politicians need to as well
Plus, Northvolt’s bankruptcy leads to investor losses and Blackstone teams up with energy giant in new financing deal
German carmaker’s writedowns done in phases over past 11 months
Accounting in private capital has increasingly come under fire
Plus, Trump’s stock market honeymoon, Germany’s ‘debt brake’, and Francis Bacon at the National Portrait Gallery
Governments, carmakers and investors must recraft the region’s strategy after the fall of the Swedish group
US bank is second-largest shareholder in Swedish battery maker which filed for Chapter 11 bankruptcy this week
Battery champion became a symbol of Europe’s ambitions and then its failings on its way to Chapter 11 proceedings
Europe’s best-funded start-up raised $15bn but was left with just $30mn in cash
Europe’s big hope for homegrown manufacturing has struggled with production at its factory in northern Sweden
Troubled European battery maker in race against time to secure short-term funding
Chinese-owned Swedish carmaker is reviewing options for a potential partnership
Swedish group says it will not invest in its battery group partner amid softening demand for vehicles in key markets
Insiders say Northvolt, Europe’s best-funded start-up, has been beset by problems from the start
Move is part of lossmaking company’s attempt to stave off financial collapse
Move from Swedish prosecutors comes as the battery start-up struggles to raise fresh capital
Europe’s leading battery maker is downsizing as it struggles to build up production amid slowing shift to electric vehicles
