Swedish PM rules out government rescue of troubled Northvolt
WEBSep 16, 2024 — Sweden’s government has ruled out a financial rescue of Northvolt as the country’s green battery start-up fights for survival. Ulf Kristersson, the centre-right prime minister, said on Monday...
Northvolt to cut more than 20% of jobs in battle for survival
WEB6 days ago — Northvolt has 7,100 workers worldwide, of which 6,400 are in Sweden. Marie Nilsson, head of IF Metall, Sweden’s largest trade union, told Swedish radio: “It is a dark day for Skellefteå and ...
Battery giant Northvolt to cut 25% of workforce in Sweden as …
WEB6 days ago — Battery maker Northvolt on Monday announced plans to cut a total of 1,600 jobs in Sweden as part of a major cost-cutting drive.
Europe’s great battery hope Northvolt fights for survival
WEBSep 19, 2024 — Northvolt has halted a plan to build a factory in Sweden producing cathodes, a key battery component, and put its energy storage solutions plant in Poland up for sale.
Northvolt outlines revised scope of operations in Sweden
WEB5 days ago — Following initial steps taken as part of its strategic review, Northvolt today outlines a revised scope of operations in Sweden to ensure that its resources are focused on accelerating production in large-scale cell manufacturing at Northvolt Ett.
Swedish battery maker Northvolt mulls job cuts as it seeks to save ...
WEBSTOCKHOLM, Sept 9 (Reuters) - Battery maker Northvolt said on Monday it would suspend cathode active material production at its gigafactory in Sweden and cut costs under a plan that could lead...
Northvolt raises $5 billion for circular gigafactory
WEBJan 16, 2024 — Stockholm, Sweden – Northvolt today announced the signing of a $5 billion non-recourse project financing to enable the expansion of Northvolt Ett in northern Sweden. The deal represents the largest green loan raised in Europe to date.
Sweden's Northvolt launches strategic review after setbacks
WEBJul 2, 2024 — Swedish lithium-ion battery manufacturer Northvolt said on Tuesday it was conducting a strategic review, as it grapples with a series of setbacks.
Sweden's Northvolt wants to rival China's battery dominance to …
WEBJul 1, 2023 — Northvolt's CEO says the key driver behind the startup is to make Europe self-efficient and less reliant on China for supplies.
News - Northvolt
WEBAug 20, 2024 — Northvolt to advance lithium-metal battery technology from Northvolt Labs. Future research & development of the next-generation technology to be led through world-class capabilities and engineering talent concentrated in …
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