Northvolt aims to reduce these impacts at every step. The gigafactory will run on hydroelectricity, ... (CATL) became the first company to begin mass-producing NMC 811 batteries.

CATL is expanding in Europe — and the recent collapse of Northvolt, the Swedish battery maker that burnt through $15 billion, could smooth its path.

Less than a week after industry leader CATL shared details of a new condensed battery that may one day power electric planes, Northvolt has followed up with news of its own program.

CATL's second-generation sodium-ion cells can reportedly discharge normally even at -40 degrees Celsius ... CATL and Northvolt are betting on them for certain low-energy density applications.

Europe has been hoping that Northvolt would reduce Western car makers’ reliance on Chinese rivals such as battery maker CATL and EV and battery maker BYD. Northvolt said the $100 million in a ...

CATL (Contemporary Amperex Technology Co. Ltd.) is the world leader in batteries for electric vehicles. Swedish company Northvolt is reportedly in talks with several Chinese battery manufacturers ...

BMW already contracts with Samsung SDI and CATL for batteries. Both Asian companies have factories in Europe, but the Northvolt deal would have given BMW a supplier that was also headquartered in ...

Northvolt’s $5 billion loan won’t be enough to guarantee success, but it should be enough to help ramp up its production to a targeted 60 gigawatt hours, enough for over 1 million Volkswagen ...

Northvolt will rival the likes of Tesla , opens new tab and Asian battery makers such as Panasonic , opens new tab, LG Chem , opens new tab and CATL , opens new tab.

The Swedish battery maker Northvolt wants to fix electric vehicles' sustainability issues. The startup, founded by a former Tesla VP, is building the world's largest battery-recycling plant.

Electric-vehicle dreams are crashing into reality, and the latest signs come from Europe. Swedish battery manufacturer Northvolt last week filed for bankruptcy, one day after Ford announced 4,000 ...

Sweden's Northvolt said on Tuesday that one of its subsidiaries had filed for bankruptcy after the project it was developing was cancelled, while the rest of the cash-strapped battery making group ...