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An EV-battery maker that raised $15 billion from investors including Goldman Sachs filed for bankruptcy protection after almost running out of cash
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak consumer demand for EVs.
Swedish Battery Maker Northvolt Files for Chapter 11 Protection
Northvolt, a major Swedish battery maker, filed for bankruptcy in the U.S., seeking to restructure the debt it had taken on to pay for its rapid expansion.
Northvolt CEO resigns as Europe’s big hope for a battery champion files for bankruptcy
Swedish battery maker Northvolt filed for Chapter 11 bankruptcy protection in the U.S., delivering a blow to Europe's electrification ambitions.
EV Battery Maker Northvolt Seeks Bankruptcy Protection in US
Northvolt has been seen as a cornerstone of European attempts to catch up with China and the United States in the production of battery cells, a crucial component of
Swedish EV battery maker Northvolt files for bankruptcy protection in US
Swedish battery-cell maker Northvolt AB has filed for chapter 11 bankruptcy protection in the US amid a slowing EV market.
Live Science on MSN
1d
World's 1st silicon anode EV battery will let you drive up to 186 miles after just 5 minutes of charging
The world’s first 100% silicon anode battery will be manufactured from 2027 and will offer future EVs a 186-mile range with ...
1d
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., ...
1d
Northvolt crisis may be make or break for Europe's EV battery ambitions
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
CNET on MSN
1d
Maximize Your Old iPhone's Battery Life with These Tips
The life span of your iPhone battery can be affected by extreme temperatures. A higher temperature increases the speed of ...
1d
EV battery industry trends in integrated manufacturing and localization initiatives
As the electric vehicle (EV) market expands, manufacturing processes must adapt to meet the growing demand for effectiveness, ...
2d
on MSN
If you don’t have a car battery jump starter yet, get this one for only $133
The Avapow W68 car battery jump starter is a must-have accessory for car owners. It's originally $320, but a huge discount ...
Interesting Engineering on MSN
2d
New non-flammable battery offers 10X higher energy density, can replace lithium cells
Alsym Energy's high-performance, inherently non-flammable, and non-toxic batteries are aimed at replacing lithium cells.
2h
Where have the cowboy solar panel spruikers gone? Home battery storage
The roll-out of renewables to households has been a success. But it has come with a dark side, with dodgy operators taking ...
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