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The B-52 is one of the longest-serving bombers ever built — but what if this Cold War icon had been turned into an airliner?
WARSAW (Reuters) -Silicon Valley startup Lyten will take full ownership of Northvolt Dwa ESS, Europe’s largest energy storage ...
The gas-powered 718 Boxster and.Cayman are reaching the end of the road, as Porsche's electrification journey marches ahead.
Northvolt's $15 billion collapse shook the cleantech industry. Its bankruptcy highlights risks in ambitious electric vehicle battery production. Redwood Materials is taking a different approach.
However, if the car is to be as compact as its predecessor (in order to maintain a certain distance from the brand icon 911) and at the same time offer high performance and range, not only efficient ...
Battery maker Northvolt has filed for bankruptcy in Sweden, dealing a blow to Europe’s battery manufacturing capabilities. The firm said that it had made an “exhaustive effort…to secure a ...
Northvolt, with its 3,000 workers, is the biggest employer in the town of around 40,000 people, where there is also a diverse manufacturing sector covering areas such as metals, forestry, plastics ...
Yes,” he added. Northvolt has a number of assets, including its Skellefteå factory, an R&D facility in central Sweden, and land and permits for factories in Germany and Sweden.
Northvolt sought to capture 25 percent of the European battery market by 2030. Last year, the company was able to secure a $5 billion loan from the European Union to expand its production.
Volvo Cars and Northvolt, once hailed as Europe’s best prospect for a domestic electric-vehicle (EV) battery champion, formed Novo in 2021 to build a battery factory in Gothenburg on Sweden’s ...
STOCKHOLM/BERLIN/FRANKFURT (Reuters) -Northvolt asked more than 100 shareholders at a meeting this month to provide $1.29 billion over the next two years to help restore the bankrupt Swedish ...
“There was a huge opportunity to build this champion, and to build this Swedish icon, but I think investors that lost money are going to be hesitant to invest again in a similar project in the north ...