Northvolt lays off 1,600 workers, but it’s not the end for Europe’s ...
WEB4 hours ago · The company was planning to expand its Ett factory in northern Sweden to scale production to 30 gigawatt-hours annually. The expansion would have supplied cathode active material (CAM), a key ...
Northvolt outlines revised scope of operations in Sweden
WEB1 day ago · News . Stories. Northvolt AB ⌁ Alströmergatan 22 . SE-112 47, Stockholm, Sweden. [email protected]. ... especially at Northvolt Ett and for the city of Skellefteå in northern Sweden, Northvolt has engaged its partners and stakeholders to support in efforts to mitigate impacts to the greatest extent possible.
Sweden’s Northvolt to Cut 20% of Staff Amid Liquidity Crunch
WEB1 day ago · Sweden’s Northvolt AB will shed 20% of its global workforce and pause its expansion plans to slow cash outflows as the battery-making firm confronts a burgeoning financial squeeze.
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 restructures in Sweden - Yahoo Finance
WEB1 day ago · EV battery firm Northvolt has outlined a review of operations in Sweden which will result in the loss of 1,600 jobs. The move comes amid slowing sales of battery electric vehicles (BEVs) in Europe ...
Europe’s great battery hope Northvolt fights for survival
WEBNorthvolt’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 …
Northvolt raises $5 billion for circular gigafactory
WEBJan 16, 2024 · Northvolt, a Swedish battery maker, secures the largest green loan in Europe to expand its first gigafactory and recycling plant in northern Sweden. The deal is backed by long-term offtake contracts with major automakers and supported by the European Commission's InvestEU programme.
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.
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.
Northvolt to transform closed paper mill into gigafactory
WEBNorthvolt and Stora Enso has today announced the signing of a letter of intent on a purchase of the Kvarnsveden Mill and the surrounding industrial area in Borlänge, …
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