While Sweden remains committed to fostering green industries, the future of its once-promising battery champion remains uncertain, leaving questions about the impact on Europe’s ambitions for EV ...
Northvolt has in a matter of months gone from being Europe’s best shot at a home-grown electric-vehicle battery champion to exploring options to stay in business, hobbled by production problems, the ...
There are signs of tension between Northvolt and Germany’s Volkswagen, which owns about a fifth of the Swedish consortium and was eager to support the creation of a European EV-battery champion.
Embattled green tech player Northvolt has missed some in-house targets and has curtailed production at its battery cells plant in northern Sweden, according to internal company documents and company ...
President-elect Donald Trump has selected Chris Wright, a campaign donor and fossil fuel executive ... called Wright “a champion of dirty fossil fuels" and said his nomination to lead the ...
The documents show, along with goals for each week, a target to reach 51,000 deliverable cells in one week by the end of 2024. Contacted by Reuters, Northvolt said the targets had been set on Sept ...
The battery-maker was occasionally able to meet internal weekly goals at earlier stages of the cell manufacturing process, other documents reviewed by Reuters show.
Embattled green tech player Northvolt has missed some in-house targets and has curtailed production at its battery cells plant in northern Sweden, according to internal company documents and ...
Two unpublished documents reviewed by Reuters, marked "Production plan 2024", show Northvolt has since early September been consistently missing weekly production goals for shippable cells, or ...