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EV, Northvolt
An EV-battery maker that raised $15 billion from investors including Goldman Sachs filed for bankruptcy protection after almost running out of cash
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak consumer demand for EVs.
EV battery maker Northvolt goes bankrupt
Northvolt, a Swedish maker of lithium-ion batteries that once was valued by venture capitalists at nearly $12 billion, has filed for bankruptcy. Why it matters This is a massive blow to Europe's EV manufacturing goals,
EV Battery Maker Northvolt Seeks Bankruptcy Protection in US
Northvolt has been seen as a cornerstone of European attempts to catch up with China and the United States in the production of battery cells, a crucial component of
Live Science on MSN
2d
World's 1st silicon anode EV battery will let you drive up to 186 miles after just 5 minutes of charging
The world’s first 100% silicon anode battery will be manufactured from 2027 and will offer future EVs a 186-mile range with ...
22h
Breakthrough EV battery tech achieves 0 to 80% charge in just 15 minutes
Researchers have revolutionized lithium-ion battery design, enabling EVs to charge from 0 to 80% in just 15 minutes.
1h
on MSN
Battery Replacement Costs Are Poised To Plunge: 'Cheaper Than Fixing An Engine'
Battery replacements are rare. Even then, replacements are poised to cost as much as, or even lower than replacing a ...
2d
Northvolt’s Ex-Tesla CEO Quits In EV Battery Bankruptcy Fallout
The CEO of Northvolt, Peter Carlsson, today resigned amongst ongoing fallout from the Swedish EV battery maker’s U.S. Chapter ...
2d
EV battery industry trends in integrated manufacturing and localization initiatives
As the electric vehicle (EV) market expands, manufacturing processes must adapt to meet the growing demand for effectiveness, ...
Greek Reporter
1d
New EV Battery Powers 186 Miles With Only 5-Minute Charging
The company expects its silicon anode batteries to become even more powerful by the end of 2024, increasing their energy ...
1d
Northvolt crisis may be make or break for Europe's EV battery ambitions
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
Electrek
2d
Researchers develop EV battery that charges 0-80% in 15 minutes
Researchers at the University of Waterloo have developed a new lithium-ion EV battery design that can charge from 0-80% in 15 ...
2m
How to maximise your EV's range: Tips and tricks for better longevity
By following these tips, you can enhance your vehicle's lifespan while contributing to a more sustainable and eco-friendly ...
6d
on MSN
Exclusive: Crisis-hit EV battery champion Northvolt struggles to hit production targets
Embattled green tech player Northvolt has missed some in-house targets and has curtailed production at its battery cells ...
10h
The shocking truth behind China’s EV dominance and America’s uphill battle
With cutting-edge advancements and massive investments, China is outpacing the U.S. in EV development, can America catch up?
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Northvolt
United States
Honda
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