Northvolt Bankruptcy May Delay Porsche And Audi Electric Models
Porsche is on the back foot after Northvolt filed for bankruptcy recently and is facing a steep decline in sales in China,
Northvolt
EU To Invest 1 Billion Euros To Boost Domestic Supply Of Battery Components
The US Inflation Reduction Act — unless it is repeal or revoked — will provide tens of billions of dollars in production credits to companies that manufacture lithium-ion batteries using materials and components sourced from within the US or from countries America deems worthy. This week, the European Union announced … [continued]
Lessons For Europe & North America From Northvolt Collapse
The European Union lost a few things in the past week. The least of them was a couple of billion euros of loans and grants. A big one was a new supply of fresh and shiny Europe-made batteries. The biggest was a belief that anything China could do, they could … [continued]
Northvolt Reacts To Changes In Demand For Batteries — Make A New Plan, Stan!
Northvolt has completed a restructuring plan that will lead to significant layoffs while it seeks a new path forward.
Northvolt’s Initial Outcomes from Its Strategic Review
In streamlining operations, Northvolt will initially focus on large-scale cell manufacturing whilst reducing costs and exploring future strategic partnerships for the purpose of securing its position in the global battery landscape. Northvolt is today announcing its initial steps to be taken as part of its strategic review. These measures reflect … [continued]
Morrow Batteries Begins LFP Production In Norway
Morrow Batteries will begin making LFP batteries at scale in a new factory in Norway by the end of this year.
1st Recycling Facility Powered by Recycled Solar, New US Solar Cell Factory — Clean Energy…
Check out the video below to find proof that renewable energy isn’t about throwing away or making more waste. SolarCycle has deployed the first-of-its-kind solar recycling facility in the country to be powered by reused solar panels. Other good news for solar in the US that is a much appreciated: … [continued]
Turmoil Disrupts Swedish Brands Northvolt & Volvo
Northvolt and Volvo are both encountering headwinds that may delay their electric car battery and manufacturing plans.
Europe Battery Factory Plans Are In A Shambles
On June 20, 2024, Reuters reported some rather shocking news regarding BMW and its electric car plans. The headline read, “BMW cancels $2 billion battery cells contract with Northvolt.” The report said that BMW had cancelled a 2 billion euros ($2.15 billion) order for battery cells for its electric vehicles … [continued]
Electric Cars Powered By Sodium Ion Batteries Go On Sale In China
Two electric car models powered by sodium ion batteries went into production in China in late December. It this the start of a trend?
