Tag: battery manufacturing
Volkswagen slashes the value of its stake in Northvolt, the beleaguered battery manufacturer
Volkswagen bet big on European-made batteries a few years ago with two massive investments in Northvolt, the Swedish manufacturer. Now the automaker’s €1.4...
Battery unicorn Northvolt files for bankruptcy, co-founder and CEO resigns
Beleaguered Swedish battery manufacturer Northvolt announced on Thursday that it was filing for bankruptcy in the U.S., striking a blow to Europe’s ambitions...
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,...