Europe’s ambitions to lead the world in green technologies risk fizzling out in the face of China’s dominance. The outlook is ...
1. Aiming high Northvolt's production struggles are no secret. The company itself has acknowledged the challenges of building a battery factory, describing it as a complex endeavor. – It's like ...
I t was supposed to be a battery pioneer, a symbol of European competitiveness and an example of industrial policy done right ...
Swedish-based Northvolt, which was seen as one of Europe’s best shots at fighting off China’s electric vehicle battery ...
Europe’s auto layoffs and Northvolt’s failure are warnings to the U.S. The domestic auto industry last week sent a letter to ...
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...
Swedish battery manufacturer Northvolt has filed for bankruptcy, dashing Europeans' hopes for local battery production and ...
Will a German car company be strategic and buy Northvolt’s Skellefteå factory? Even if they’d like to, could they? A surge in EV R&D and supply chain costs, compounded by collapsing profits ...
and in September Northvolt announced a strategic review and cost cuts, including suspension of cathode active material production at its first factory. That plant never reach full production ...
Northvolt has appointed restructuring expert Paul O'Donnell to oversee the lithium-ion battery maker's main facility in ...
The chief executive of Northvolt stepped down on Friday, shortly after the Swedish battery maker filed for Chapter 11 ...
Sweden's Northvolt said on Thursday it will seek U.S. Chapter 11 bankruptcy protection as the cash-strapped battery start-up seeks to sort out its finances.