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
Region’s great hope in global battery race is pressing the reset button after a series of setbacks
Europe’s leading battery maker recently lost a $2bn BMW contract as it struggles to produce at scale
World’s second-largest fashion retailer agrees to buy half of its recycled polyester supplies from new venture to revolutionise textile
Europe’s leading battery maker raises the region’s largest green loan cementing its position as its best funded start-up
Cash is first use of rule for strategic projects that allows governments to match subsidy offers from outside bloc
Incidents cast shadow over Europe’s leading start-up in sector
Head of group seeking to be Europe’s first homegrown champion in the sector is not your average Swedish CEO
Swedish start-up has developed an energy storage technology with no critical minerals including lithium which could minimise reliance on China
Battery maker could go public as soon as next year in one of the largest IPOs for a European company in recent years
Swedish start-up to tap generous subsidies for its first such plant outside Europe