Europe's battery tech sector faces a new choice: collaborate with China's industry giants or focus on the next frontier.

N orthvolt, a Swedish battery company owned in part by Volkswagen and Goldman Sachs has filed for bankruptcy in its own country. The news was broken by Reuters and could have seri ...

Northvolt, the Swedish maker of battery cells for electric vehicles, said on Wednesday it has filed for bankruptcy in Sweden, bringing to an end Europe's best hope of developing a rival to major Asian ...

European carmakers get their batteries from South Korea’s LG Energy Solution and Samsung, as well as the world’s leading producer, CATL of China. Northvolt sought to capture 25 percent of the ...

Source: Reuters Northvolt’s factories will make up 13% of Europe’s battery production planned for 2030. Its bankruptcy may ...

Citing two sources, DN reported that Northvolt's board would file for bankruptcy on Wednesday for "the entire Swedish business" if the company fails to raise new funding by then. Northvolt's board is ...

Bo Normark, a leading European expert on electric vehicle batteries, is optimistic about the Northvolt factories' future.He ...

What was once seen as a key element of European’s electrification strategy is in serious financial trouble. Northvolt, which is partially owned by Volkswagen and Goldman Sachs, filed for ...

Europe's auto sector had hoped Northvolt would reduce Western carmakers' reliance on Chinese rivals such as battery maker CATL and EV and battery maker BYD. "It's obvious that a lot has gone wrong ...

Swedish battery manufacturer Northvolt filed for bankruptcy on 12 March 2025, bringing an abrupt end to a company once seen ...