The Battery Crisis Taking Europe's EV Sector By Storm
Yet analysts believe that if Europe backs off in the battery race now, it risks being even more behind China than it already ...
An EV-battery maker that raised $15 billion from investors including Goldman Sachs filed for bankruptcy protection after almost running out of cash
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...
Factbox-Who are bankrupt Northvolt's creditors?
Northvolt, the Swedish maker of battery cells for electric vehicles, filed for Chapter 11 bankruptcy protection in the United ...
Northvolt, Hailed As Europe’s Future EV Battery Champion, Files For Bankruptcy
Swedish-based Northvolt, which was seen as one of Europe’s best shots at fighting off China’s electric vehicle battery ...
Northvolt goes from Europe battery promise to crisis
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.
norran14d
Northvolt sells American factory
Northvolt acquired the current factory in 2021 as part of its purchase of American Cuberg. Following the closure of a Cuberg-related research and development center in the US last fall and the ...
The Local14d
Northvolt sells US factory as it seeks to shore up struggling battery business
Northvolt, the struggling Swedish battery producer, is selling its factory in California to Lyten, a US competitor, the Bloomberg newswire has reported. It is unknown how much Northvolt is receiving ...
WION15d
Volkswagen investment chief steps down from Northvolt board amid challenges
Volkswagen’s head of investments Sven Fuhrmann has quit from Swedish battery maker Northvolt’s board, the company confirmed Monday. No successor has yet been named, however; and while Fuhrmann was ...
Green Car Reports16d
Lucid Air cop car tested by California Highway Patrol
Lucid Motors is pitching its Air electric sedan as a potential police cruiser. On Sunday the automaker posted photos of an Air decked out in police equipment on X (formerly Twitter). Lucid said ...
List of Banks in Belarus16d
Volkswagen investment chief steps down from Northvolt board
STOCKHOLM (Reuters) -The head of investments at German auto maker Volkswagen is leaving the board of Sweden’s Northvolt, the Swedish battery maker said on Monday, confirming media reports. Northvolt ...
U.S. News & World Report16d
Volkswagen Investment Chief Steps Down From Northvolt Board
STOCKHOLM (Reuters) -The head of investments at German auto maker Volkswagen is leaving the board of Sweden's Northvolt, the Swedish battery maker said on Monday, confirming media reports.
electrive20d
VW allegedly sets up task force on Northvolt problems
Construction of the planned factory just started a few months ago, with the first battery cells planned for production by 2026. The question has been posed whether Northvolt is expanding too quickly, ...