Northvolt Six will include a cell production plant, battery recycling, and cathode active-material production facilities, with the factory running entirely on hydroelectric power. The plan was to ...
Rising capital costs, lower demand and geopolitical instability with subsequent supply-chain disruptions all added to the challenge of securing a path forward.
Bo Normark, a leading European expert on electric vehicle batteries, is optimistic about the Northvolt factories' future.He ...
STOCKHOLM, March 21 (Reuters) - Northvolt's bankruptcy trustee said on Friday it had made "significant" progress in negotiating the continuation of operation of the electric vehicle battery maker ...
Site preparation for Northvolt Six has now been halted. Foundation pouring had been slated for the spring, along with ...
When Northvolt filed for bankruptcy in the US, it showed $8 billion of debt across all of its entities. "This was a decision we did not take lightly," Northvolt Chairperson Tom Johnstone told a ...
When it comes to electric vehicle batteries, the outlook is especially bleak. Sweden’s Northvolt AB was long seen as a real contender to the Chinese companies that make most of the world’s EV ...
Lawyer Fredrik Sundin, involved in the Northvolt Ett and Revolt bankruptcies with trustee Mikael Kubu, confirms that several ...
Fuelled by $15bn in financing, Northvolt was supposed to be Europe’s great battery success story — a homegrown champion capable of competing with Asian and American giants. So when ...
Northvolt AB, the European electric vehicle battery maker, has filed for bankruptcy in Sweden in a move that raises serious ...
Bankruptcy dashes hope a European EV battery maker could be capable of denting market dominance of Asian rivals ...