The Novo battery factory was announced in 2021 and meant to start production in 2026, but Volvo has said a new investor would be needed for that to happen.

Damilola Osoka faces an uncertain future. With just 21 days left on her work permit, the 40-year-old single mother must find ...

Northvolt intends to pay employee bonuses to prevent staff attrition, while simultaneously refusing to compensate contracted ...

Battery technologies are at the heart of the global energy system. Electrification – the process of replacing technologies and systems that rely on fossil fuels with those powered by electricity, ...

Battery factories are popping up across North America. Here's where they are and how the Inflation Reduction Act influenced ...

Volvo Cars faces challenges in 2025, including tariffs, slowing EV adoption, and rising competition from Chinese automakers.

Volvo Cars will not pay Northvolt any money for its 50% stake in their Novo Energy battery venture, which it had agreed to ...

Sweden's Volvo Cars, owned by China's Geely Group, said Thursday that annual profits rose in 2024 despite a final quarter ...

We’re preparing ourselves to see whether we need to start looking at production relocation or or even supplier relocation,” ...

⚡ VEIR, a Woburn, MA-based superconductors electricity transmission manufacturer, raised $75m in Series B funding from Munich ...

This is a summary of a request from the Official Committee of Unsecured Creditors of Northvolt to hire Akin Gump Strauss Hauer & Feld as counsel, filed Jan. 13 with the U.S. Bankruptcy Court in ...

Swedish EV battery maker Northvolt has reached an agreement with Volvo Cars to sell its stake in their Swedish battery-making ...