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
Battery start-up raised more than $15bn but is struggling to secure the funds amid low production
Plus, Europe’s great battery hope scrambles to raise funds and an ugly boardroom brawl to kick out a billionaire founder
Swedish start-up struggles to secure funds as it tries to increase production at its gigafactory
Battery start-up struggles to gain backing for latest fundraising amid Europe’s slowing take-up of electric vehicles
Swedish battery maker has been grappling with factory problems and slowing growth in European EV take-up
Abundant electricity in the north was supposed to power a new wave of industrialisation. But projects are struggling to scale up
