Northvolt lays off 1,600 workers, but it’s not the end for Europe’s ...
WEB23 hours ago — Northvolt, Europe’s attempt at building a competitor to Asia’s battery manufacturing powerhouses, announced on Monday that it had halted work on a factory expansion and laid off 1,600 ...
Northvolt Reacts To Changes In Demand For Batteries
WEB2 days ago — Northvolt has completed a restructuring plan that will lead to significant layoffs while it seeks a new path forward. ... This latest news from Northvolt makes clear how difficult the task is and ...
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 ...
Europe’s great battery hope Northvolt fights for survival
WEB6 days ago — Northvolt’s sub-Arctic battery factory in northern Sweden was meant to symbolise Europe’s green fightback against China and the US. Instead, the start-up is in danger of turning into an emblem ...
Northvolt announces outcomes from its strategic review
WEBSep 9, 2024 — In line with its focus on large-scale cell manufacturing, Northvolt remains committed to NOVO (Sweden), Northvolt Drei (Germany), and Northvolt Six (Canada), and is in close dialogue with the key stakeholders involved.
News - Northvolt
WEBAug 20, 2024 — Northvolt strengthens its Executive Management Team – creates new Chief Transformation Officer role and hires new talent to drive forward its long-term strategy. Pia Aaltonen-Forsell joins as Chief Finance Officer and Matthias Arleth as President Cells.
Northvolt considers cutting back aggressive expansion plans
WEBJul 2, 2024 — Northvolt, Europe’s big hope in battery manufacturing, is considering cutting back its aggressive expansion plans after a series of problems with its first gigafactory in Sweden pushed it to...
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 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.
Northvolt Hires Advisory Firm Teneo to Tackle Cash Crunch
WEB1 day ago — Save. Sweden’s Northvolt ABhas hired consulting firm Teneofor restructuring advice, including contingency planning should the debt-backed battery maker fail to reach revised terms with lenders ...
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