Sunshine (she/her)@piefed.caM to Buy European@feddit.ukEnglish · 1 month agoIt's official – EVs just outsold gas-powered cars for the first time in Europe, here are 3 reasons whywww.techradar.comexternal-linkmessage-square13linkfedilinkarrow-up1173arrow-down17
arrow-up1166arrow-down1external-linkIt's official – EVs just outsold gas-powered cars for the first time in Europe, here are 3 reasons whywww.techradar.comSunshine (she/her)@piefed.caM to Buy European@feddit.ukEnglish · 1 month agomessage-square13linkfedilink
minus-squareDelascas@feddit.uklinkfedilinkEnglisharrow-up2·1 month agoUmm . . Northvolt filed for bankruptcy in 2025. Largest bankruptcy ever in Sweden. https://www.theguardian.com/business/2025/mar/12/ev-battery-startup-northvolt-files-for-bankruptcy-in-sweden
minus-squareMrMakabar@slrpnk.netlinkfedilinkEnglisharrow-up1·1 month agoMost of the assets have been bought out by Lyten. It really does not matter who owns the companies.
minus-squareKjell@lemmy.worldMlinkfedilinkEnglisharrow-up1·1 month agoNorthvolt could never ramp up the production and Lyten has some issues which might cause Northvolt to go bankrupt again. During the autumn, when Lyten started to hire people, they violated the money laundering laws. Some weeks ago Lyten had not raised the necessary funds for completing the purchase.
Umm . . Northvolt filed for bankruptcy in 2025. Largest bankruptcy ever in Sweden.
https://www.theguardian.com/business/2025/mar/12/ev-battery-startup-northvolt-files-for-bankruptcy-in-sweden
Most of the assets have been bought out by Lyten. It really does not matter who owns the companies.
Northvolt could never ramp up the production and Lyten has some issues which might cause Northvolt to go bankrupt again.
During the autumn, when Lyten started to hire people, they violated the money laundering laws.
Some weeks ago Lyten had not raised the necessary funds for completing the purchase.