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Northvolt, Europe’s Hope for a Battery Champion, Files for Bankruptcy

Bankruptcies Batteries Electric and Hybrid Vehicles Factories and Manufacturing Northvolt AB

Northvolt, Europe’s Hope for a Battery Champion, Files for Bankruptcy

The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles.

By Jack Ewing and Melissa Eddy

Battery Maker Northvolt to Cut Costs as E.V. Demand Slumps in Europe

Batteries Electric and Hybrid Vehicles Europe Labor and Jobs Layoffs and Job Reductions Northvolt AB Volkswagen AG

Battery Maker Northvolt to Cut Costs as E.V. Demand Slumps in Europe

The Swedish battery manufacturer said it would eliminate jobs and seek partnerships as it grapples with competition from China.

By Melissa Eddy