Northvolt Goes From Europe’s Battery Hope to Symbol of EV Bust
WEB1 day ago · Northvolt AB was supposed to power Europe’s response to the likes of Tesla Inc. and China’s fast-growing electric vehicle makers. Instead, the Swedish battery company is fighting to stay afloat.
Northvolt announces outcomes from its strategic review
WEBSep 9, 2024 · In line with its focus on large-scale cell manufacturing, Northvolt remains committed to NOVO (Sweden), Northvolt Drei (Germany), and Northvolt Six (Canada), and is in close dialogue with the key stakeholders involved.
Northvolt announces more cuts, worrying investors - The Economist
WEB1 day ago · Northvolt lost $1.2bn last year, four times its loss in 2022. Yet Northvolt’s bigger problem is self-inflicted. As its cumulative funding in the form of debt, equity and grants swelled to $15bn ...
Swedish PM rules out government rescue of troubled Northvolt
WEBSep 16, 2024 · Sweden’s government has ruled out a financial rescue of Northvolt as the country’s green battery start-up fights for survival.
Northvolt outlines revised scope of operations in Sweden
WEB4 days ago · Northvolt adjusts ambitions to focus on ramping up the first 16 GWh production capacity at Northvolt Ett. ... News . Stories. Northvolt AB ⌁ Alströmergatan 22 . SE-112 47, Stockholm, Sweden. [email protected]. Youtube. Northvolt outlines revised scope of operations in Sweden. 23 September, 2024.
Europe’s great battery hope Northvolt fights for survival
WEBSep 19, 2024 · Northvolt has halted a plan to build a factory in Sweden producing cathodes, a key battery component, and put its energy storage solutions plant in Poland up for sale.
News - Northvolt
WEBAug 20, 2024 · Northvolt is a European company that produces and recycles lithium-ion batteries for electric vehicles and energy storage. Read the latest news on its research, expansion, management and achievements in the field of green energy.
Northvolt Lenders to Convene as EV Battery Maker Hangs by …
WEB13 hours ago · A group of Northvolt AB lenders is set to meet on Friday to consider whether to extend a lifeline to the cash-strapped maker of electric vehicle batteries or cut their support and risk losing ...
Northvolt to cut jobs and sell off unit to survive EV chill
WEBSep 9, 2024 · Northvolt will cut a large number of jobs and sell or seek partners for its energy storage and materials businesses as Europe’s leading battery hope aims to survive by refocusing on its ...
Swedish battery maker Northvolt mulls job cuts as it seeks to save ...
WEBSTOCKHOLM, Sept 9 (Reuters) - Battery maker Northvolt said on Monday it would suspend cathode active material production at its gigafactory in Sweden and cut costs under a plan that could lead to...
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