|
|
Пишет Slashdot (![[info]](http://lj.rossia.org/img/syndicated.gif){kind=small} syn_slashdot)@ 2024-11-25 16:41:00 |
 |
|
 |
|
|
|
|
|
|
 |
|
 |
Northvolt Files For Bankruptcy as Europe's Battery Champion Loses Spark
Swedish battery maker Northvolt has filed for Chapter 11 bankruptcy in the U.S. and announced CEO Peter Carlsson's departure following a year marked by production delays and workforce reductions. The company, once viewed as Europe's challenger to Chinese battery dominance, reported $1.2 billion in losses against $128 million revenue for 2023. Despite securing $15 billion in funding and $50 billion in orders by late 2023, with major stakeholders including Volkswagen (21%) and Goldman Sachs (19%), Northvolt faced mounting challenges. BMW canceled a $2 billion contract in June, prompting job cuts and project suspensions.
Swedish battery maker Northvolt has filed for Chapter 11 bankruptcy in the U.S. and announced CEO Peter Carlsson's departure following a year marked by production delays and workforce reductions. The company, once viewed as Europe's challenger to Chinese battery dominance, reported $1.2 billion in losses against $128 million revenue for 2023. Despite securing $15 billion in funding and $50 billion in orders by late 2023, with major stakeholders including Volkswagen (21%) and Goldman Sachs (19%), Northvolt faced mounting challenges. BMW canceled a $2 billion contract in June, prompting job cuts and project suspensions.
Read more of this story at Slashdot.
