northvolt

Northvolt points out that "Ett Expansion AB is one of over 20 different entities within the Northvolt Group and the application for bankruptcy does not relate to any of the other legal entities in the wider Northvolt Group".

Northvolt announced that about 1,600 jobs will be cut in Sweden alone, split across Skellefteå (1,000 positions), Västerås (400 positions) and Stockholm (200 positions). All redundancies are subject to ongoing union negotiations, as officially announced. "The decisions are necessary to adjust for cu...

“As difficult as this will be, focussing on what is our core business paves the way for us to build a strong long-term foundation for growth that contributes to the Western ambitions to establish a homegrown battery industry,” said CEO Peter Carlsson. Here's how the ongoing projects will be affected...

The joint venture shared by Norwegian Hydro and Swedish Northvolt has taken its final investment decision on expanding its business to France through establishing recycling capacity located in Hordain in the heart of Northern France’s battery valley.

In addition to the expansion of Northvolt Ett’s cathode production and cell manufacturing, the finance package will enable the expansion of the adjacent recycling plant, Revolt Ett, which is approaching the conclusion of its commissioning and is processing its first materials.

Northvolt and ABB have indeed enhanced their long-standing collaboration in the field of green batteries. In fact, since 2017, ABB has already delivered key electrification and automation equipment to power Northvolt Ett gigafactory for lithium-ion batteries in Sweden.