Northvolt, the struggling Swedish battery producer, is selling its factory in California to Lyten, a US competitor, the Bloomberg newswire has reported. It is unknown how much Northvolt is receiving ...

Northvolt also plans to build a U.S. factory, but has not yet announced a site. Still, the company is ramping up production and is not among the world’s top 10 battery suppliers, according to ...

The clock is ticking for the battery factory in Skellefteå. But the bankruptcy administrator has not yet given up hope – even ...

Northvolt AB, the cash-strapped European battery maker, reached a deal to sell its U.S. factory to a startup that’s trying to reduce America’s reliance on China for batteries. Lyten ...

Northvolt acquired the current factory in 2021 as part of its purchase of American Cuberg. Following the closure of a Cuberg-related research and development center in the US last fall and the ...

Aging population and anti-immigration rhetoric in rich countries are forcing companies building electricity infrastructure to ...

following the company's bankruptcy filing in the United States. Northvolt, which is building a battery factory near the German town of Heide, has put €600 million ($630 million) in loans from ...

(Bloomberg) -- Northvolt AB has named Markus Dangelmaier chief executive officer of Northvolt Ett AB, its only factory that’s ...

(Bloomberg) -- The number of layoffs at troubled Swedish battery maker Northvolt AB is now at around 1,200 following an announcement from the IF Metall union that more than 800 of its members will ...

Northvolt at the start of the year agreed to a US$5-billion green loan package with ... no impact on plans to build a $7-billion battery factory near Montreal. However, the company noted it ...

Germany's most sustainable battery cell factory is being built ... but not its subsidiaries in the United States and Germany, a statement said. Northvolt acknowledged it has suffered from "a ...

Northvolt AB will cut a large number ... The Swedish manufacturer, which has raised more capital at US$15 billion than any other unlisted European start-up, has been heavily delayed by problems at its ...