Things go from bankrupt to worse for Swedish EV battery manufacturer.
After filing for Chapter 11 in the US in November, Northvolt — which worked with Volkswagen, Volvo, Audi, Porsche, and BMW — has now filed for bankruptcy in Sweden. The company was founded by two ex-Tesla executives and was one of Europe’s leading efforts to rival US and Asian battery manufacturers before racking up billions in debt.
Urgent search underway for buyer of $7-billion Northvolt EV battery factory in Quebec
The search for a new owner for the troubled $7-billion manufacturing facility south of Montreal is underway, said the federal minister for innovation, science and technology, as debt-freighted Swedish battery sector pioneer files for bankruptcy.
The Swedish company aimed to become Europe's main EV battery maker and take on Chinese rivals, but filed for Chapter 11 ...
A new study from Princeton University warns that the repeal of IRA tax credits could decimate the growing EV manufacturing sector.
Buying a used EV can be a very good move, getting a very good car at a brilliant price. But people are still buying new EVs, ...
It’s no secret that solid-state batteries have the potential to be the next big thing in the electric vehicle industry, but ...
Researchers from the University of Pennsylvania recently analyzed China’s decade-long push for electric vehicle (EV) adoption ...
Battery / EV Metals Price BMI Lithium Carbonate, EXW China, >=99.2% Li2CO3 10,375 BMI Lithium Hydroxide, EXW China, >=56.5% LiOH 9,550 BMI Cobalt Sulphate, EXW China, >20.5% Co 6,072 BMI Nickel ...
The Board of Investment said on Thursday that it had approved a $1-billion investment from Sunwoda Electronic of China to ...
This is it: the all-new 2026 Mercedes-Benz CLA. The four-door coupe comes with 380 horsepower in its range-topping version ...
A research team has developed technology that could dramatically increase the lifespan and energy density of electric vehicle ...
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