Northvolt’s story isn’t just about the big bucks of its big backers. It has doled out some important lessons about what’s ...
Northvolt’s ambition was to challenge the dominance of Asian battery makers, such as CATL and BYD in China. The company ...
Additionally, declining lithium prices, attributed to an oversupply from China, further diminished the attractiveness of the ...
An Australian-based supplier of electric vehicle battery materials announced it will expand its Chattanooga production ...
The European EV industry faces significant challenges, including intense competition from Chinese EV and battery ...
Stellantis plans to transfer operations from its Luton plant near London to its Ellesmere Port site in northwest England, putting more than 1,100 jobs at risk as the automaker grapples with a slow ...
Volkswagen has substantially written down its 21% stake in Northvolt, a Swedish battery cell manufacturer, reported Reuters.
Volkswage has significantly written down its 21% stake in Northvolt that filed for bankruptcy protection in the U.S. last ...
Northvolt, Europe's leading battery startup, filed for U.S. bankruptcy protection, highlighting strained efforts to compete ...
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
Yet analysts believe that if Europe backs off in the battery race now, it risks being even more behind China than it already ...
Volkswagen , Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker ...