Things go from bankrupt to worse for Swedish EV battery manufacturer.
After filing for Chapter 11 in the US in November, Northvolt — which worked with Volkswagen, Volvo, Audi, Porsche, and BMW — has now filed for bankruptcy in Sweden. The company was founded by two ex-Tesla executives and was one of Europe’s leading efforts to rival US and Asian battery manufacturers before racking up billions in debt.
A project in Europe aims to create a battery that's environmentally friendly and energy-dense. Researchers have reportedly ...
It was one of the largest EV battery manufacturing facilities in the country until Tesla decided to expand its Gigafactory in Nevada in 2023. Not a lot of people may be aware of the fact that ...
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Thailand approves Sunwoda’s $1bn EV battery cell production facilitiesThe new facility, which will produce lithium-ion battery cells for EV manufacturers, is expected to create over 1,000 jobs ...
Electric cars have soared in popularity in the wake of high gasoline prices. While improvements in vehicle battery technology ...
A new study from Princeton University warns that the repeal of IRA tax credits could decimate the growing EV manufacturing sector.
BANGKOK] Thailand’s Investment Board said on Thursday (Mar 13) it had approved a US$1 billion investment from China’s Sunwoda ...
Over a century ago, American ingenuity put the world on wheels and made America the global leader in automotive manufacturing ...
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Scientists create highly-sensitive diamond quantum sensors to monitor EV batteriesJapanese scientists have created diamond quantum sensors that can monitor EV batteries with great precision to help improve ...
Manufacturing solid-state batteries remains tricky in its nascency. For its prototype, Mercedes-Benz partnered with Factorial ...
VW's local unit Skoda Auto Volkswagen India is embroiled in a legal tussle with the country's tax department over allegations ...
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