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

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 ...

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

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

Volvo Cars' battery venture Novo Energy has announced a workforce reduction and organisational changes, cutting 50% of its ...

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

Volvo Cars in February agreed with Northvolt to take over its 50% stake in Novo Energy, which included a planned Gothenburg battery cell factory, paying only a token sum. Northvolt, once ...

Asia’s battery powerhouses have frightened many next-generation Western startups into abandoning their ambitions to ...