Northvolt outlines revised scope of operations in Sweden
WEBSep 23, 2024 · Following initial steps taken as part of its strategic review, Northvolt today outlines a revised scope of operations in Sweden to ensure that its resources are focused on accelerating production in large-scale cell manufacturing at Northvolt Ett.
Battery giant Northvolt to cut 25% of workforce in Sweden as part …
WEBSep 23, 2024 · Battery maker Northvolt on Monday announced plans to cut a total of 1,600 jobs in Sweden as part of a major cost-cutting drive.
Swedish PM rules out government rescue of troubled Northvolt
WEBSep 16, 2024 · Sweden’s government has ruled out a financial rescue of Northvolt as the country’s green battery start-up fights for survival. Ulf Kristersson, the centre-right prime minister, said on Monday...
Sweden’s Northvolt to Cut 20% of Staff Amid Liquidity Crunch
WEBSeptember 23, 2024 at 11:06 AM EDT. Save. Sweden’s Northvolt ABwill shed 20% of its global workforce and pause its expansion plans to slow cash outflows as the battery-making firm confronts a ...
Northvolt to axe 1,600 jobs as Europe's EV hopes stall
WEBSTOCKHOLM, Sept 23 (Reuters) - Northvolt plans to cut 1,600 jobs at its base in Sweden, or about a fifth of its global workforce, as Europe's biggest hope in the electric vehicle battery market...
Europe’s great battery hope Northvolt fights for survival
WEBSep 19, 2024 · Northvolt has halted a plan to build a factory in Sweden producing cathodes, a key battery component, and put its energy storage solutions plant in Poland up for sale.
Sweden's Northvolt launches strategic review after setbacks
WEBJul 2, 2024 · Swedish lithium-ion battery manufacturer Northvolt said on Tuesday it was conducting a strategic review, as it grapples with a series of setbacks.
Northvolt raises $5 billion for circular gigafactory
WEBJan 16, 2024 · Stockholm, Sweden – Northvolt today announced the signing of a $5 billion non-recourse project financing to enable the expansion of Northvolt Ett in northern Sweden. The deal represents the largest green loan raised in Europe to date.
News - Northvolt
WEBAug 20, 2024 · Northvolt to advance lithium-metal battery technology from Northvolt Labs. Future research & development of the next-generation technology to be led through world-class capabilities and engineering talent concentrated in …
Sweden's Northvolt wants to rival China's battery dominance to …
WEBJul 1, 2023 · Northvolt's CEO says the key driver behind the startup is to make Europe self-efficient and less reliant on China for supplies.
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