Northvolt, Europe’s Hope for a Battery Champion, Files for Bankruptcy
The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles.
Volkswagen and Rivian Form Joint Venture, Deepening Alliance
The new agreement builds on an earlier announcement in which the German automaker said it would invest up to $5 billion in Rivian, a maker of electric vehicles. The new venture brings them closer.
Europe Frets U.S. Battery Factory Subsidies Will Hurt, Not Help
The European Union is trying to assemble the building blocks to produce electric cars, but subsidies are luring companies to the United States.
Merkel Leaves the German Economy With Trouble Under the Hood
Chancellor Angela Merkel steered Europe through crises, and Germany has boomed during her tenure. But she has ducked changes needed to ensure the success lasts, analysts say.