Swedish electric-vehicle battery maker Northvolt said on Friday it expects to line up additional bankruptcy financing by late ...
The norm in the future may be joint ventures that rely on China's low-margin electric vehicle battery dominance.
Northvolt entered bankruptcy on November 21 with a USD 100-million bankruptcy loan from Swedish truck maker Scania, a shareholder and its biggest customer. But that loan was not intended to carry ...
The development and production of lithium batteries have become a strategic imperative for the European Union, given their critical role in enabling the energy transition through the decarbonization ...
Many Northvolt employees who were recently laid off face urgent pressure to learn Swedish. Without proficiency in the ...
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Europe’s ambition to establish a robust electric vehicle (EV) battery industry remains alive, though increasingly tied to ...
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InoBat CEO Marian Bocek's Slovakian start-up had to work hard to secure funding until China's fifth-largest battery maker Gotion bought a 25per cent stake last year and formed a joint venture ...
NEW YORK : Swedish electric-vehicle battery maker Northvolt said on Friday it expects to line up additional bankruptcy financing by late January after engaging with over 100 lenders and potential ...