Northvolt's US unit files for Chapter 11 bankruptcy protection as CEO Peter Carlsson, who has led the startup since 2016, leaves post in what has become a crisis for the European battery industry.

Northvolt's attempt to restructure under US law (Chapter 11) has failed. A Texas bankruptcy court granted the battery maker's ...

It was founded in 2016 by Peter Carlsson and Paolo Cerruti and had raised more than $15 billion from investors including Volkswagen, Goldman Sachs, BlackRock, Baillie Gifford, and Spotify ...

Also Read: Shruti Shibulal, ex Infosys CEO's daughter, buys ₹469 crore of company's shares The company was founded by Peter Carlsson who was CPO and Head of Supply Chain at Tesla Motors before ...