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Business
Northvolt files for bankruptcy in major blow to European EV sector
The Swedish battery developer and manufacturer, Northvolt, has filed for bankruptcy in the US, as the company struggles with mounting debt, after it was unable to secure rescue funding and was left with only one week of cash reserves.
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Economy
EU car industry calls for urgent action as EV new car sales tumble
The industry is calling for policymakers to help, saying that, if nothing is done, the required transition will be costly not only to the carmakers but to the economy itself, as well as putting the EU's transition to zero-emission at risk.
Europe News
Fiat to be first electric car produced in Serbia after EU lithium deal
The agreement made in June has been fiercely criticised by environmentalists and opposition groups in Serbia, who argue that it would cause irreversible environmental damage while bringing little benefit to its citizens.