A European battery startup founded by two former Tesla executives is cutting a fifth of its workforce amid a darkening outlook for electric vehicles. Swedish battery maker Northvolt announced on ...

Instead, the Swedish battery company is fighting to stay afloat. As it faces a crushing liquidity crunch, the company’s creditors will meet Friday to decide on freeing up funds critical to its ...

Northvolt's Swedish gigafactory, built to serve the European auto industry's transition to electric vehicles, has said the ramp-up of its battery production had progressed more slowly than planned ...

A promising best-of-both-worlds approach is the Our Next Energy Gemini battery, featuring novel nickel ... in automotive 12-volt batteries, and perhaps in dual-ion batteries.

Northvolt AB has hit a new high for the production of lithium-ion battery cells at its main plant in Sweden, even as the company scales back some operations to address a financing crunch. The ...

WASHINGTON, Sept 20 (Reuters) - The U.S. Energy Department said Friday it plans to award $3 billion to 25 battery manufacturing sector projects in 14 states as the Biden administration works to ...

Northvolt AB’s sub-Arctic battery factory in northern Sweden was meant to symbolise Europe’s green fightback against China and the U.S. Instead, the start-up is in danger of turning into an emblem of ...

When is raising $14 billion not enough? When you’re a battery startup. Northvolt, Europe’s attempt at building a competitor to Asia’s battery manufacturing powerhouses, announced on Monday ...

Legault, who touted the plant as the “greenest electric battery factory in the world” when he announced it one year ago, used more muted language on Tuesday. “When you want to develop, you have to ...

CALGARY, Alberta, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Volt Lithium Corp. (TSXV: VLT | OTCQB: VLTLF I FSE: I2D) ("Volt" or the "Company") announces that the Company has commenced U.S. field ...

(WJRT) - A $175 million advanced manufacturing facility that will produce battery materials is coming to Flint thanks to a $60 million federal investment. Chicago-based NanoGraf is planning to ...

First initial shipment included Class 1 and Class 3 EV vans and trucks BREA, Calif., Sept. 20, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the ...