The Swedish storage system manufacturer said its Voltpack Mobile System can be used in different market segments, particularly for remote or weak grids. The battery has a scalable storage capacity ...

Northvolt and Vattenfall have launched a new battery energy storage unit, Voltpack Mobile System, which the two Swedish companies said is a modular lithium-ion battery system envisioned as a ...

Northvolt and the acquiring entity will structure a deal that ensures the ... “We have sold over 3,300 of our Voltpack Core products and achieved approximately 10 million hours of ...

Northvolt has been looking for money since mid-last year and filed for Chapter 11 in the U.S. in November with $5.84 billion in debt in one of the largest bankruptcies of 2024.

Northvolt was one of the world’s most valuable battery startups. Now it has run out of charge. Over the past week, the Swedish company filed for bankruptcy in the U.S. and said its co-founder ...

Northvolt filed for Chapter 11 bankruptcy protection in the U.S. in November after a bid to secure rescue funding fell short, leaving the company with little cash and $5.8 billion in debt.

STOCKHOLM, April 18(Reuters) - Truck-maker Scania and battery producer Northvolt on Tuesday said they had developed an electric battery with a lifetime equivalent to that of a truck. The Swedish ...

Among Northvolt’s owners, top shareholder Volkswagen AG hasn’t said whether it will invest more. BMW AG canceled a contract with Northvolt this year and has ruled out pitching in more funds.

Northvolt Ett Expansion was created to manage the buildout of a gigafactory in northern Sweden, but that project was shelved as part of a cost-saving plan. Skip to Main Content.

Northvolt filed for bankruptcy in Sweden on March 12, making it one of the country's largest corporate failures and effectively ending Europe's best hope of developing a rival to challenge China.

Northvolt announced that the commissioning of the Northvolt Ett gigafactory in Skellefteå, northern Sweden led to the assembly of the very first battery cell on December 28, 2021. Not bad ...

Northvolt fought to avoid bankruptcy by laying off 1,600 employees in September and selling assets in November from its acquisition of Cuberg. The company was reportedly burning through $100 ...