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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,
23h
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 ...
13h
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 ...
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 ...
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 ...
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 ...
18d
on MSN
Battery giant Northvolt to cut 25% of workforce in Sweden as part of a major cost-cutting drive
Battery maker Northvolt on Monday announced plans to cut a total of 1,600 jobs in Sweden as part of a major cost-cutting ...
17h
Northvolt to Pay Taxes Monday as Battery Maker Battles Crisis
Northvolt AB intends to pay its taxes that are due on Monday as the troubled Swedish battery maker strives to claw its way ...
The Local
13d
Inside Sweden: How The Local covered the Northvolt layoffs
Inside Sweden is our weekly newsletter for members which gives you news, analysis and, sometimes, takes you behind the scenes ...
3d
Northvolt Unit Files for Bankruptcy as Expansion Plan Halted
Northvolt AB sought bankruptcy protection for one of its units in a bid to limit the financial fallout from the troubled ...
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