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 ...

Yet analysts believe that if Europe backs off in the battery race now, it risks being even more behind China than it already ...

I t was supposed to be a battery pioneer, a symbol of European competitiveness and an example of industrial policy done right ...

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 ...

An EV made by Volkswagen outside the Northvolt factory in Skelleftea, Sweden. Bloomberg The losses mark a sharp contrast to a bullish prediction just seven months ago by one of the Goldman funds ...

“We backed several loans of the European Investment Bank to Northvolt battery factory,” European Commission spokesperson Veerle Nuyts told reporters on Monday, adding that the EU’s exposure ...

Europe’s ambitions to lead the world in green technologies risk fizzling out in the face of China’s dominance. The outlook is ...

In its bid to reassure financiers, Northvolt nixed a planned expansion of its main plant in Skelleftea in northern Sweden and, in October, replaced the factory’s manager. But Carlsson ...

The European Commission defended its involvement in battery projects despite the crisis faced by Swedish giant Northvolt. Spokeswoman Johana Bernsel emphasized that EU initiatives in this area have ...

“We backed several loans of the European Investment Bank to Northvolt battery factory,” European Commission spokesperson Veerle Nuyts told reporters on Monday. She added that the EU’s ...