Northvolt, the electric vehicle battery maker founded by two former Tesla executives, has reached the end of the road after failing to secure additional funding.
The Swedish company's board announce… [+2268 chars]
End of the road for EV battery maker that raised $15 billion from investors including Goldman Sachs and BlackRock - Business Insider
The Swedish company aimed to become Europe's main EV battery maker and take on Chinese rivals, but filed for Chapter 11 protection in November.
By:Thibault Spirlet
Source:Business Insider
Published:
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