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Northvolt, Sweden
Berlin Says Sweden's Northvolt Committed to Project in Germany
BERLIN (Reuters) - The German government is in constant contact with Northvolt, which has emphasized that its project in Heide, Germany, is not affected by the Swedish battery maker's current problems, a German economy ministry spokesperson said on Friday.
Northvolt’s Battery Making Boom Fizzles Out in Northern Sweden
The crisis at Swedish battery maker Northvolt AB is rippling through communities in the north of the country, where unpaid bills and scrapped projects threaten the livelihoods of suppliers and wage earners alike.
Northvolt Subsidiary Bankruptcy: Impact on Sweden's Battery Ambitions
Northvolt's subsidiary, Northvolt Ett Expansion AB, declared bankruptcy due to a cancelled project that jeopardized the company's finances. Estimated debts range from 2 to 3 billion Swedish crowns. Despite financial setbacks and external competition,
21h
Northvolt Founder’s Next Big Green Bet Has a Power Problem
Sweden has embarked on a $100 billion effort to remake some of the world’s dirtiest industries. But troubles at battery maker ...
11h
Northvolt Scrambles to Land €200 Million in Stop-Gap Funding
Struggling Swedish battery maker Northvolt AB met with multiple stakeholders on Monday as it seeks €200 million ($219 million ...
In Depth
1d
In Depth
Exclusive: Northvolt seeks to sell redundant battery materials to raise cash, sources say
Sweden's Northvolt is trying to sell off its stockpile of battery-making materials, three sources familiar with the matter ...
2d
on MSN
Swedish battery maker Northvolt says head of Europe’s first homegrown gigafactory to step down
It comes shortly after the cash-strapped company announced plans to reduce its workforce by about 25% in Sweden as part of a ...
6d
Sweden’s Environmental Minister Reiterates No Bail Out For Northvolt
The Swedish government's climate policy has been criticised for scaling back emissions targets. In this interview the ...
3d
on MSN
Northvolt Subsidiary Files for Bankruptcy After Expansion Plan is Shelved
Northvolt Ett Expansion was created to manage the buildout of a gigafactory in northern Sweden, but that project was shelved ...
2d
Battery maker Northvolt says head of main plant to step down
The head of Sweden's Northvolt Ett plant, Mark Duchesne, is stepping down with immediate effect, the Swedish battery maker ...
The Local
14d
Employment minister warns Sweden risks losing high-skilled Northvolt workers
Sweden's government plans to work hard with the local authorities to keep the foreign high-skilled workers laid off at ...
13h
Northvolt Scrambles for €200 Million in Stop-Gap Funding
Struggling Swedish battery maker Northvolt AB met with multiple stakeholders on Monday as it seeks €200 million ($219 million) in fresh funds, according to people familiar with the matter.
2d
Northvolt Told $1.5 Billion Loan Guarantee Is Out of Reach
Sweden’s National Debt Office has ruled out activating $1.5 billion in credit guarantees for Northvolt AB that were tied to a ...
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