Browsing: Northvolt

The head of investments at German automaker Volkswagen, Sven Fuhrmann, is stepping down from his position on the board of…

Volvo Cars announced Wednesday it will exercise its option to acquire Northvolt’s stake in their joint battery venture, NOVO Energy,…

Northvolt, the Swedish battery manufacturer, is reportedly close to finalizing a critical ‘rescue financing round’ of $300 million, aimed at…

Struggling battery manufacturer Northvolt has raised a small amount of fresh capital, sufficient to ensure that employee salaries are paid…

Swedish battery manufacturer Northvolt is making progress towards securing a new financing package, the company told Reuters on Monday. The…

Goldman Sachs Asset Management is in talks to join a consortium of investors to support cash-strapped Swedish battery manufacturer Northvolt.…

Swedish battery maker Northvolt is seeking to secure short-term funding to stabilize its finances, with co-founder Harald Mix reportedly prepared…

Swedish battery manufacturer Northvolt confirmed on Monday that it has paid its October tax bill, in line with a company…

Swedish battery maker Northvolt is in discussions with investors and lenders to secure approximately €200 million ($218 million) in short-term…

Swedish battery manufacturer Northvolt assured Reuters on Thursday that it will be able to meet its tax obligations due on…

Swedish battery manufacturer Northvolt announced on Wednesday that the head of its Northvolt Ett gigafactory, Mark Duchesne, will step down…

Swedish battery manufacturer Northvolt announced that its subsidiary, Northvolt Ett Expansion AB, has filed for bankruptcy. The filing comes after…

Swedish battery manufacturer Northvolt has announced the suspension of a major factory expansion in northern Sweden, which has delayed essential…

British recycling company EMR has inaugurated a new battery recycling facility in Birmingham, with the capacity to process over 2,000…

South Korean battery maker SK On announced on Thursday that it plans to introduce voluntary redundancy programs as part of…

Swedish battery maker Northvolt will lay off around 1,600 employees, nearly 20% of its global workforce, in response to weaker-than-expected…

The Fraunhofer Institute for Systems and Innovation Research (ISI) has released a comprehensive overview of the current and planned battery…

Battery cell manufacturer Northvolt is grappling with significant challenges following the loss of a billion-euro order from BMW and production…

Northvolt, the Swedish battery cell manufacturer, is reassessing its ambitious expansion plans amidst challenges at its production facility in Skellefteå,…

Northvolt is currently reviewing its plans to build a new plant in Borlange, central Sweden, but has not yet made…