News

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.
Lyten has produced the U.S.' first battery grade lithium-metal foil utilizing U.S. made lithium alloys and U.S. sourced ...
Northvolt’s demise will be seen as a major blow for Europe’s battery sector as it grapples with China’s dominance. “Like many ...
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.
[Stay on top of transportation news: Get TTNews in your inbox.] Bankrupt battery maker Northvolt AB will continue to operate in Sweden with a staff of 1,700 while its remaining employees will be ...
Novo Energy, a Volvo Cars venture, plans a 50% workforce reduction post evaluation, due to Northvolt's bankruptcy. Despite efforts to secure a new partner, current economic conditions hinder ...
FRANKFURT (Reuters) -A part of Northvolt's German division has applied for restructuring, a spokesperson for the insolvent Swedish battery cell maker said on Friday, confirming a report in weekly ...
Volkswagen's Scania buys bankrupt Northvolt's heavy industry battery packs unit Volkswagen's truckmaker Scania said on Friday it had agreed to buy bankrupt Northvolt's division that makes battery ...
Following Northvolt’s bankruptcy and the uncertainty surrounding Novo’s factory in Gothenburg, some now hope that Skaraborg will become the true launchpad for Sweden’s battery production. However, ...
Novo Energy cuts a further 150 jobs Northvolt bankruptcy impacts Novo Energy's operations Volvo Cars aims to continue battery production in Gothenburg STOCKHOLM, May 5 (Reuters) - (This May 5 ...
Spar, Debora L., George Serafeim, and Julia Comeau. "Northvolt: Building Batteries to Fight Climate Change." Harvard Business School Teaching Note 323-097, March 2023.