With India’s battery manufacturing industry still at a nascent stage, it is crucial for the government and private sector to ...

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

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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 ...

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 ...

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 ...

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