Northvolt CEO steps down, saying group needs up to $1.2 billion

By Stine Jacobsen COPENHAGEN (Reuters) -Northvolt's CEO and co-founder Peter Carlsson stepped down on Friday, a day after Europe's biggest hope for an electric vehicle battery champion filed for U.S. Chapter 11 bankruptcy protection. The Swedish maker of battery cells went in a matter of months this year from being Europe's best shot in a vital industry for the energy transition to racing to