Tag: battery manufacturing
Battery unicorn Northvolt files for bankruptcy, upending Europe’s industrial plan
Beleaguered Swedish battery manufacturer Northvolt announced today that it was filing for bankruptcy in the U.S., striking a blow to Europe’s ambitions for...
Lyten buys battery manufacturing assets from beleaguered Northvolt
Lyten, a Silicon Valley battery startup, announced today that it’s acquiring manufacturing assets from Northvolt, a Swedish battery manufacturer that’s facing a cash...
Northvolt lays off 1,600 workers, but it’s not the end for Europe’s battery champion
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,...