Northvolt AB, once seen as the future of Europe's electric car revolution, has filed for bankruptcy. This marks a dramatic turn for a company that was supposed to lead the way in green technology. But instead of success, it’s now become a symbol of Europe’s struggles in the electric vehicle (EV) race.
How It All Started to Go Wrong
Northvolt, a Swedish startup, seemed unstoppable at first. With promises of cutting-edge batteries and big plans for expansion, it attracted huge investmen...