The Swedish battery manufacturer Northvolt, once hailed as Europe’s answer to the dominance of Asian battery technology giants, is now battling for its survival. The company is reportedly exploring bankruptcy or Chapter 11 protection as it struggles to secure the short-term financing needed to continue operations. Founded in 2016, Northvolt emerged as a beacon of … Continue reading Troubled Battery Maker Northvolt Faces Bankruptcy as Funding Runs Dry