Focus on Northvolt
Our mission is to build the world’s greenest battery, with minimal carbon footprint and the highest ambitions for recycling. Our vision is to accelerate the transition to a decarbonized future, by supplying sustainable, high-quality battery cells and systems.
Scania says it will lend Northvolt $100 million under US Chapter 11 bankruptcy deal
Swedish truckmaker Scania will lend Northvolt $100 million as part of the struggling battery maker's U.S. Chapter 11 bankruptcy protection deal.
Sweden has no plans to take stake in Northvolt, deputy PM says
Sweden won't invest in cash-strapped Northvolt, says Minister Ebba Busch, despite its strategic value in the EU's industrial competition.
Crisis-hit EV battery champion Northvolt struggles to hit production targets
Northvolt, a key player in Europe’s EV battery market, struggles with production, curtails output, and faces financial woes.
Northvolt has considered US bankruptcy protection, sources say
Northvolt has been discussing the possibility of bankruptcy protection in the United States as one of several options for the cash-strapped company to...
Volvo Cars seeks to oust Northvolt from EV battery venture
Volvo seeks Northvolt’s stake in their battery JV NOVO but needs a new partner to maintain gigafactory plans, aiming for 2026 production.
Northvolt making progress towards securing financing package
Swedish battery maker Northvolt is making significant progress towards raising a new financing package, it told Reuters on Monday.
Northvolt: Cash-strapped EV-battery maker in talks for 200 million euros in funding
Northvolt announced job cuts, raising fears that Europe's top EV battery hope may falter amid low demand and Chinese competition.
Northvolt subsidiary Ett Expansion AB files for bankruptcy
Northvolt's subsidiary files for bankruptcy as a project is canceled, while the group focuses on scaling battery production.
Quebec opposition calls for transparency amid Northvolt layoffs, $7 billion battery plant investment
Opposition parties demand answers about Quebec's investment in the planned Northvolt battery factory near Montreal.
Northvolt to axe 1,600 jobs as Europe’s EV hopes stall
Northvolt cuts 1,600 jobs and suspends expansion as it faces production issues, slow EV demand, and competition from China.
