News

Europe wants to make 90 per cent of batteries within the continent by 2030. But production capacity will still lag behind ...
Northvolt's $15 billion collapse shook the cleantech industry. Its rival Redwood Materials takes a different approach in ...
Swedish truck manufacturer Scania has secured an additional supply of battery cells to complement its existing deal with Northvolt, reported Reuters. This move comes as Scania faces challenges in ...
Northvolt had for months attempted to sell some of its non-core businesses to try to rescue its core operations that produce battery cells for EVs. Scania said the purchase was in line with its ...
Founded in 2016, Northvolt was once seen as a cornerstone of European attempts to catch up with Asia and the United States in the production of battery cells, the crucial component of zero ...
several setbacks such as carmaker BMW's withdrawal of a multibillion-euro order for battery cells, and ever-increasing debts, the company had to row back hard. In September last year, Northvolt ...
dubbed Northvolt Six and slated for construction about 25 kilometres east of Montreal, amounts to a $7-billion undertaking that aims to churn out battery cells and cathode active material for ...
Northvolt, an electric vehicle battery cell maker, filed for bankruptcy on Wednesday, bringing to an end Europe's best hope of developing a rival to major Asian EV battery players. Northvolt said ...
STOCKHOLM: Northvolt has held talks with a big industrial ... strengthen its finances and shrink the business to focus on battery cell production, rather than being an all-in-one-shop for making ...
STOCKHOLM–Swedish battery maker Northvolt filed for bankruptcy in Sweden after it failed to secure the financial backing needed to continue operating. A Swedish court-appointed trustee will now ...