The primary reasons cited for these reductions are a decline in market prices for recycled materials and a slower-than-anticipated launch for Revolt. According to Matti Kataja, Northvolt's head of ...
Northvolt agreed with Volvo Cars on Wednesday to sell the battery maker's stake in their joint venture NOVO Energy for an undisclosed sum and explore potential ...
Reuters on MSN17d
Sweden’s Northvolt sells stake in battery unit to Volvo, will explore North American dealsNorthvolt had ceased funding for most of its joint ventures and non-core businesses, including Novo, throughout 2024 to ...
The companies remain open to exploring collaborations in North America, amid Northvolt's financial restructuring involving the sale of non-core businesses such as Revolt. This image is AI-generated ...
Battery factories are popping up across North America. Here's where they are and how the Inflation Reduction Act influenced ...
Sweden’s state-owned pension investors, collectively known as the AP Funds, have fully written down their entire investment in bankrupt battery maker Northvolt AB. The funds had invested 5.8 ...
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