CATL is expanding in Europe — and the recent collapse of Northvolt, the Swedish battery maker that burnt through $15 billion, ...
Northvolt’s factories will make up 13% of Europe’s battery production planned for 2030. Its bankruptcy may boost Europe’s ...
Northvolt's bankruptcy trustee said on Monday it had reached an agreement in principle with key stakeholders in the electric vehicle battery maker for financial guarantees allowing the company to ...
Fuelled by $15bn in financing, Northvolt was supposed to be Europe’s great battery success story — a homegrown champion capable of competing with Asian and American giants. So when ...
The EV battery maker Northvolt filed for bankruptcy on Wednesday. The Swedish company, founded by two ex-Tesla executives, struggled amid stuttering demand for EVs. It was widely seen as Europe's ...
Quebec’s $270 million investment in the Swedish parent company of battery maker Northvolt is gone, the provincial government ...
STOCKHOLM, March 21 (Reuters) - Northvolt's bankruptcy trustee said on Friday it had made "significant" progress in negotiating the continuation of operation of the electric vehicle battery maker ...
Northvolt's problems have sent shockwaves across Sweden's north, with several local authorities seeking more financial support from the central government almost 500 miles (805 km) away. "This was ...
When it comes to electric vehicle batteries, the outlook is especially bleak. Sweden’s Northvolt AB was long seen as a real contender to the Chinese companies that make most of the world’s EV ...
Volkswagen AG’s truckmaker Scania continues to receive cells from Northvolt AB as the Swedish battery maker fights for survival under an ongoing bankruptcy process. “We currently, since quite ...