A part of Northvolt's German division has applied for restructuring, a spokesperson for the insolvent Swedish battery cell ...

and then producing battery cells at a massive scale. With that scope came massive risk. Building and scaling cell manufacturing — especially outside Asia — is notoriously difficult. Northvolt ...

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 ...

Lyten has produced the U.S.' first battery grade lithium-metal foil utilizing U.S. made lithium alloys and U.S. sourced ...

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 ...

Northvolt went bankrupt and Novo’s plant in Gothenburg is facing a financial crisis.Amid all this, plans are moving forward ...

Novo Energy, the battery subsidiary of Swedish automaker Volvo Cars, will terminate 50% of its workforce-approximately 150 employees-as part of a drastic cost-cutting strategy triggered by the ...

It faces similar challenges to those that confronted Northvolt — how to keep production yield high and limit the costly generation of scrap products in the production of battery cells.

The decision comes after evaluating its business in light of the bankruptcy of Sweden’s Northvolt, which originally co-owned ...