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Legit.ng on MSNSteel startup aims to keep Sweden's green industry dream aliveThe spectacular fall of battery maker Northvolt led to fears over several Swedish green industry projects, but startup ...
Following the insolvency of Northvolt, the former anticipated leader in European battery cell production, Swedish commercial ...
Sweden’s Northvolt AB will shed 20% of its global workforce and pause its expansion plans to slow cash outflows as the battery-making firm confronts a burgeoning financial squeeze. The company ...
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Sweden's green industry hopes hit by Northvolt woesSwedish start-up Northvolt opened its flagship production plant here in 2022, after signing multi-billion euro contracts with carmakers including BMV, Volkswagen and Nordic truck manufacturer Scania.
Northvolt AB today announced that it has filed for bankruptcy in Sweden. It says Northvolt North America is solvent, but what will happen to its massive EV battery plant project in Canada?
This week, the Northvolt unit managing the expansion of its main battery-cell factory in northern Sweden filed for bankruptcy, saddling suppliers with about 606 million Swedish kronor ($58.3 ...
Sweden has put forward a proposal to extend the three-month deadline for work permit holders who lose their jobs to six ...
EV battery firm Northvolt has outlined a review of operations in Sweden which will result in the loss of 1,600 jobs. The move comes amid slowing sales of battery electric vehicles (BEVs ...
Sweden's Northvolt on Wednesday said the head of its main plant, Europe's first homegrown gigafactory for lithium-ion battery cells, will step down with immediate effect. It comes shortly after ...
Northvolt calls its liquidity situation "dire" Operations to continue during restructuring, expected completion by Q1 2025 Scania lends $100 million for bankruptcy process Nov 21 (Reuters ...
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