The Latest Breaking News from Northvolt

How a company founded by two former Tesla executives managed to fail despite such a massive amount of capital will be a case study for business schools for years to come.

In May 2024, Hydro-Québec and the Innu of Unamen Shipu signed an agreement over the Lac-Robertson generating station. The agreement aims to settle all disputes relating to this North Shore power station, built in the 1990s, that’s been the subject of a number of disputes and claims by the Unamen…

Swedish firm unable to ‘secure the necessary financial conditions to continue in its current form’

Northvolt, which claims to run Europe’s first homegrown gigafactory, admits it depends on Chinese suppliers for cathode active material

CATL and Stellantis to invest 4.1 billion euros in a battery factory in Spain for electric vehicles, leveraging renewable energy sources. EU's green transi...

I feel like a broken record at this point, but the electric vehicle race isn't just about cars. It's about who controls the battery supply chain, and thus one of the most crucial energy technologies of tomorrow. As is the case in the U.S., Europe is trying to break free…

Peter Carlsson says $1bn to $1.2bn needed to restore business touted as potential European rival to Asian firms

Swedish-based Northvolt, which was seen as one of Europe’s best shots at fighting off China’s electric vehicle battery supremacy, filed for bankruptcy yesterday. The company said in its Chapter 11 petition filed in the United States Bankruptcy Court for the Southern District of Texas that its “liquidity picture has become…

Plans are further blow to Europe’s hopes of creating a homegrown electric car battery