News - Northvolt
WEBAug 20, 2024 — News | Northvolt. 9 September, 2024. Northvolt announces initial outcomes from its strategic review. In streamlining operations, Northvolt will initially focus on large-scale cell manufacturing whilst reducing costs and exploring future strategic partnerships for the purpose of securing its position in …
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.
Northvolt Reacts To Changes In Demand For Batteries
WEB5 days ago — 2024 has not been kind to Northvolt, the Swedish battery-maker co-founded by Peter Carlsson, who previously worked on battery technology at Tesla. The problems have led BMW to rethink its $2...
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.
Sweden’s Northvolt to Cut 20% of Staff Amid Liquidity Crunch
WEB5 days ago — Swedish battery maker Northvolt AB will shed 20% of its headcount globally and suspend the expansion of its main factory in Northern Sweden to stem a financing crunch as electric-vehicle demand slows.
Swedish battery maker Northvolt mulls job cuts as it seeks to save ...
WEBSTOCKHOLM, Sept 9 (Reuters) - Battery maker Northvolt said on Monday it would suspend cathode active material production at its gigafactory in Sweden and cut costs under a plan that could lead to...
Northvolt to cut jobs and sell off unit to survive EV chill
WEBSep 9, 2024 — Northvolt will cut a large number of jobs and sell or seek partners for its energy storage and materials businesses as Europe’s leading battery hope aims to survive by refocusing on its ...
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.
Northvolt to cut more than 20% of jobs in battle for survival
WEB6 days ago — Northvolt will cut more than one in five jobs and suspend the expansion of its main gigafactory as Europe’s leading battery maker fights for survival.
Northvolt Lenders Meet as Battery Maker Hangs by Thread
WEB2 days ago — (Bloomberg) -- A group of Northvolt AB lenders were set to convene on Friday to consider whether to extend a lifeline to the cash-strapped maker of electric vehicle batteries or cut their support...
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