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Category: Bankruptcies

Posted on March 12, 2025

Swedish Battery Maker Northvolt Collapses, a Blow to Europe

The company and its assets will be sold after it filed for bankruptcy in Sweden, sinking Europe’s best hope for competing against Asian rivals.
Posted on February 19, 2025

Nikola, E.V. Start-Up That Once Thrilled Investors, Files for Bankruptcy

The company, which once enjoyed a surging stock price, struggled to turn its plans for electric and hydrogen trucks into a viable business.
Posted on January 23, 2025

China Will Be Thrilled if Trump Kills America’s Green Economy

President Trump seems poised to roll back the very incentives that are reviving American manufacturing.
Posted on November 21, 2024

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.
Posted on June 18, 2024

Fisker Files for Bankruptcy as E.V. Maker’s Cash Runs Short

The company became the latest electric vehicle start-up to fail to meet investors’ expectations after a high-profile public debut.
Posted on December 18, 2023

E.V. Start-up Founder Could Get Prison Term in Fraud Case

Trevor Milton, who founded the truck company Nikola, will be sentenced on Monday in a fraud case that exposed the excesses in the electric vehicle business.
Posted on October 16, 2023

Bill Ford Says U.A.W. Strike Is Helping Tesla and Toyota

Mr. Ford, the executive chairman of Ford Motor, said nonunion automakers would make gains against Michigan automakers because of strikes by the United Automobile Workers union.
Posted on June 27, 2023

Lordstown Motors, an Electric Truck Maker, Files for Bankruptcy

The company bought a shuttered General Motors plant in Ohio but struggled to produce its pickup truck.

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