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Why Battery Maker Northvolt’s $1B Plant Is Shutting Down for GoodSwedish battery maker Northvolt announced a full shutdown of its main plant, Northvolt Ett, in Skellefteå, citing financial ...
Time is running out for Northvolt’s Swedish operations as potential buyers begin to look elsewhere for battery supplies, and ...
Fuelled by $15bn in financing, Northvolt was supposed to be Europe’s great battery success story — a homegrown champion capable of competing with Asian and American giants. So when ...
Swedish automotive battery maker Northvolt, which declared bankruptcy in March, plans to wind down its remaining battery cell ...
Northvolt sought to capture 25 percent of the European battery market by 2030. Last year, the company was able to secure a $5 billion loan from the European Union to expand its production.
STOCKHOLM, Nov 22 (Reuters) - Sweden's Northvolt said on Thursday it will seek U.S. Chapter 11 bankruptcy protection as the cash-strapped battery start-up seeks to sort out its finances.
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.
Beleaguered Swedish battery manufacturer Northvolt announced on Thursday that it was filing for bankruptcy in the U.S., striking a blow to Europe’s ambitions for homegrown lithium-ion batteries.
The European battery leader Northvolt is scaling back plans to manufacture battery chemicals and will focus instead on producing finished battery cells. The company’s retrenchment because of ...
Northvolt, once hailed as Europe's best shot at a home-grown electric-vehicle battery champion, has been slimming down and racing to stay afloat after being hobbled by production problems ...
Swedish prosecutors are set to serve Northvolt with a suspicion of gross manslaughter notice following the death of a worker at the EV battery-maker’s struggling gigafactory in the country’s ...
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