Rising capital costs, lower demand and geopolitical instability with subsequent supply-chain disruptions all added to the challenge of securing a path forward.
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 ...
Lawyer Fredrik Sundin, involved in the Northvolt Ett and Revolt bankruptcies with trustee Mikael Kubu, confirms that several ...
Bo Normark, a leading European expert on electric vehicle batteries, is optimistic about the Northvolt factories' future.He ...
Northvolt AB, the European electric vehicle battery maker, has filed for bankruptcy in Sweden in a move that raises serious doubts about the viability of a megafactory planned for Quebec.
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 ...
Bankruptcy dashes hope a European EV battery maker could be capable of denting market dominance of Asian rivals ...
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 ...
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 ...
The $270 million invested by Quebec in Northvolt’s parent company in Sweden is now worthless, confirmed the provincial government. CTV News App Contact Us FAQ Newsletters Team Twitter feed ...
STOCKHOLM (Reuters) -Scania said on Monday it had secured a new supply of battery cells in addition to its deal with Northvolt, as the Swedish truckmaker warned it will miss its 2025 targets to ...