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 ...
Swedish-based Northvolt, which was seen as one of Europe’s best shots at fighting off China’s electric vehicle battery ...
Ukraine says Russia launched an intercontinental ballistic missile overnight targeting Dnipro city in the central-east of the ...
For years, neighbours who lived near a factory in Louisville ... Louisville Mayor Craig Greenberg said employees inside the plant initially told officials "everything was normal activity when ...
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.
Sweden’s Northvolt AB hired restructuring expert Paul O’Donnell to oversee its main factory unit, as time runs short for the struggling battery maker to mend its finances outside of bankruptcy court.
I t was supposed to be a battery pioneer, a symbol of European competitiveness and an example of industrial policy done right ...
In September, Northvolt announced plans to pause its production of cathode materials — one of the basic building blocks of a battery — at a factory in Skelleftea, Sweden. Two planned factories ...
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 ...
With regard to the planned Northvolt factory near the German town of Heide, Habeck said that things would continue there for the time being. "If the parent company reorganizes itself and the ...