Europe's battery tech sector faces a new choice: collaborate with China's industry giants or focus on the next frontier.
The gateway to the Northvolt factory on the day it filed for bankruptcy. Photo: Jonas Westling/TT Battery maker Northvolt filed for bankruptcy on March 12th after months of financial struggle. How ...
Germany's most sustainable battery cell factory is being built here" stands at the construction site in Heide. The future of battery manufacturer Northvolt's planned factory in northern Germany ...
Outside the Northvolt factory in Skellefteå, workers are waiting for answers and the usually busy site is now quiet, says Swedish Radio's reporter who was there during the morning. Northvolt ...
When it comes to electric vehicle batteries, the outlook is especially bleak. Sweden’s Northvolt AB was long seen as a real contender to the Chinese companies that make most of the world’s EV ...
STOCKHOLM, March 21 (Reuters) - Northvolt's bankruptcy trustee said on Friday it had made "significant" progress in negotiating the continuation of operation of the electric vehicle battery maker ...
Northvolt, the Swedish battery manufacturer with plans to build a $7-billion factory in Quebec, has declared bankruptcy in Sweden. The company said in a media release that the decision to declare ...
The majority of our students have no connection to Northvolt, she says. At the same time, it is evident that the school will be impacted, regardless of the battery factory's fate. – We will feel this, ...
Swedish electric car battery maker Northvolt has filed for bankruptcy in Sweden, dealing a blow to European efforts to challenge Asia's dominance in the key sector. Founded in 2016, Northvolt has ...
When Northvolt filed for bankruptcy in the US, it showed $8 billion of debt across all of its entities. "This was a decision we did not take lightly," Northvolt Chairperson Tom Johnstone told a ...
An EV made by Volkswagen outside the Northvolt factory in Skelleftea, Sweden. Bloomberg The EV battery maker sought US Chapter 11 bankruptcy protection last November as its cash pile dwindled and ...
The Ontario Municipal Employees Retirement System booked a loss on its $325 million investment in Northvolt AB, the Swedish electric vehicle battery maker that filed for bankruptcy protection last ...