Home cars Northvolt goes bankrupt, Swedish battery maker collapses in Europe

Northvolt goes bankrupt, Swedish battery maker collapses in Europe

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Once hyped as a potential cornerstone for an expanded European battery industry, Swedish battery maker Northvolt on Wednesday announced that it was filing for bankruptcy in its home country. “Like many companies in the battery sector, Northvolt has experienced a series of compounding challenges in recent months that eroded its financial position…

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