The money will allow the business, with operations including a mine in California and a factory in Texas, to dramatically ...

Northvolt to stop production in June with no buyers in sight While production is set to stop by the end of next month, efforts to identify a purchaser for the plant remain ongoing ...

A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2024 and 2025.

Northvolt’s two biggest shareholders are German carmaker Volkswagen- also in financial difficulty – and US investment bank Goldman Sachs.

Scania Battery Cell Supply: Although Scania is receiving more cells from Northvolt than it needs, it is diversifying its suppliers and delivered 266 zero-emission vehicles in 2024.

Scania said on Monday it had secured a new supply of battery cells in addition to its deal with Northvolt, as the Swedish truckmaker warned it will miss its 2025 targets to cut emissions due in ...

Reuters in January reported that Scania, which is Northvolt’s top customer and a shareholder, had stepped in to help Northvolt with the day-to-day running of its flagship plant in northern ...

STOCKHOLM (Reuters) -Scania said on Monday it had secured a new supply of battery cells in addition to its deal with Northvolt, as the Swedish truckmaker warned it will miss its 2025 targets to cut ...

Northvolt asks shareholders for USD 1.3 bn for next two years Considered Europe's best shot at a home-grown electric vehicle battery champion to compete with Chinese rivals BYD and CATL, Northvolt ...