Northvolt
Northvolt was a Swedish battery manufacturer founded in 2016, aimed at creating a sustainable supply chain for electric vehicle batteries in Europe. Initially viewed as a model for success in the industry, it attracted over 13 billion euros in funding, including support from major investors like Volkswagen and Goldman Sachs. Despite its ambitious goals, Northvolt faced significant challenges with production delays and cost overruns, ultimately leading to its bankruptcy declaration in March 2024.
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Bulgaria:
Northvolt is a Swedish battery company that filed for bankruptcy after nine years of operation.
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Bulgaria:
Northvolt is a Swedish battery company that filed for bankruptcy after nine years of operation.
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Germany:
Northvolt is a Swedish battery company that has filed for bankruptcy.
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France:
Northvolt was seen as the model to follow for building a European battery manufacturer for electric vehicles.
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