The struggles of Northvolt, born to be a beacon of European ambition in battery production, have reached a critical point. Following significant setbacks, including filing for Chapter 11 bankruptcy in
Northvolt, the Swedish lithium-ion battery manufacturer specializing in electric vehicle batteries, has filed for Chapter 11 bankruptcy protection in the United States (like SAS did before). This legal mechanism, similar
BYD has announced the production of 30 GWh of sodium batteries with a new gigafactory, and the European response was not slow to arrive. The response came from Northvolt, the
