Northvolt's $15 billion collapse shook the cleantech industry. Its bankruptcy highlights risks in ambitious electric vehicle battery production. Redwood Materials is taking a different approach ...

Volvo Cars' battery company Novo Energy said on Monday it will cut its workforce by 50% to reduce costs after evaluating its ...

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

The energy company will need to deliver 420 megawatts, significantly more than the requirement for Northvolt’s factory in Skellefteå. The municipality of Mariestad, currently home to 24,500 residents, ...

It was on December 14, 2023, that Arvid Öhgren was involved in a workplace accident at Northvolt. While building a wind shelter, a forklift frame fell over him and a colleague, causing extensive ...

There have been high-profile failures recently in the battery cell industry, such as Northvolt in Europe and Britishvolt in the UK, which filed for bankruptcy protection in 2024 and 2023 respectively.

Northvolt and Volvo Cars formed Novo Energy in 2021 to build a dedicated battery factory in Gothenburg on Sweden's west coast. The joint venture already in January began cost-cutting measures ...

Other listed identifiers include displaying certain logos, making certain hand signs, or wearing certain clothing. When The Independent's Andrew Feinberg asked White House press secretary Karoline ...

COPENHAGEN: Volvo Cars’ Novo Energy said on Monday it will cut its workforce by 50% to reduce costs after evaluating its business in light of the bankruptcy of Sweden’s Northvolt, which ...