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Northvolt, Europe’s Hope for a Battery Champion, Files for Bankruptcy The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles.
The chief executive of Northvolt stepped down on Friday, shortly after the Swedish battery maker filed for Chapter 11 bankruptcy protection in the U.S.
Northvolt's shock decision this week to shrink its operations and cut jobs has sparked fears that Europe's best shot at a home-grown electric vehicle battery champion may stall, sector experts and ...
Battery energy storage systems (BESS) are on the rise as smarter grid infrastructure begins to emerge, and Lyten has plans ...
Fuelled by $15bn in financing, Northvolt was supposed to be Europe’s great battery success story — a homegrown champion capable of competing with Asian and American giants. So when Northvolt ...
Northvolt's accelerating decline in Sweden is viewed as closing some doors long-term on the potential of battery production in northern Europe as a whole.
Lyten, société d’applications de supermatériaux et le chef de file mondial des batteries lithium-soufre, annonce aujourd’hui ...
Aerial view of the 25,000-square meter battery energy storage systems manufacturing facility, in Gdansk, Poland, acquired by ...
The US battery developer Lyten is acquiring Northvolt's subsidiary Northvolt Dwa ESS in Gdansk, Poland, a 25,000 square metre ...
The factory is located in Gdansk and will manufacture conventional battery energy storage systems as well as those based on ...
Lyten, the supermaterial applications company and global leader in lithium-sulfur batteries, announced today the acquisition ...