Europe’s EV battery ambitions falter as China and Asian manufacturers step up to dominate the market.
Northvolt is nearing a financing package of over $300 million to stabilize its operations amid growing challenges.
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Sweden’s Climate Minister defends Northvolt decision as critics claim government climate policies fall short of 2030 goals.
Northvolt's subsidiary Ett Expansion AB has filed for bankruptcy after a major project cancellation, while the broader group consolidates and seeks additional funding.
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Northvolt faces financial struggles, leading to job cuts and concerns over its future.
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Northvolt announces 1,600 job cuts due to challenges in the electric vehicle sector.
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