Focus on Northvolt
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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.
Scania CEO says committed to Northvolt despite cutbacks, delivery issues
Scania says it is committed to using Northvolt as the truckmaker's single battery supplier despite recent production and delivery problems.
Struggling Northvolt stokes fear for Europe’s battery future
Northvolt's decision to cut jobs and scale back operations raises doubts about Europe's bid for a leading EV battery maker.
