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NORTHVOLT
Battery startup Lyten yet to convince carmakers over Northvolt revivalSilicon Valley’s Lyten has acquired bankrupt Northvolt’s assets to build a European EV battery champion. It aims to scale lithium-sulfur te...- US startup Lyten to take over Northvolt's energy storage systems factory in PolandUS startup Lyten will take full control of Northvolt Dwa ESS, Europe’s largest energy storage systems plant, aiming to expand its product r...
- Mercedes' top supplier survived Napoleon, the Great Depression & two world wars. But not the current auto slumpEurope's auto slump is crippling small manufacturers in the automotive supply chain. Gerhardi Kunststofftechnik GmbH, a long-time Mercedes ...
- How Europe’s battery hope has become a symbol of the EV bustSwedish battery company Northvolt AB, once a key player in Europe's green economy push, is facing severe financial challenges. The situatio...
- Salt in Batteries: Battery giants invest in Sodium-based technology, signalling potential disruption in industryBattery giants are exploring sodium-based technology as an alternative to lithium, signaling a potential shift in the energy storage indust...
- Gunning for graphite: Auto firms race to secure non-Chinese suppliers for EVs amid shortagesCar makers are knocking at the doors of new producers, such as Madagascar and Mozambique, as this year EVs are forecast to account for more...
- As US races head, Europe frets about battery factory subsidiesEuropean carmakers are frantically trying to build the supply chains they need to churn out electric vehicles.
- Europe set for two new gigafactories as it lures battery makersSweden's Northvolt said it is set to pick Heide in northern Germany for its factory as long as subsidies are approved, estimated by one sou...
- Goldman Sachs raises $1.6 bln private capital for climate fundThe fund, launched in 2021, provides so-called "growth capital" to companies further along in developing solutions in clean energy, sustain...
- Lithium rally has more room to run, thanks to US climate billAs consumer demand surges for EVs, prices of lithium have skyrocketed to records.
- Volkswagen takes on US, China rivals with battery factoryThe firm plans to "steer the worldwide battery offensive" from the new plant in Salzgitter in central Germany, CEO Herbert Diess told a cer...
- Spotify’s CEO is putting $1 billion of his own money in early techHe has put money in a green-steel startup as well as on funds focused on artificial intelligence, life sciences and climate.
- Reliance, Hyundai, Mahindra bid for incentives under India's $2.4 billion battery schemeIndia last year finalised an incentive program to encourage companies to invest in the local manufacturing of batteries as it looks to esta...
- India targets major global firms for local battery manufacturingIndia will host five roadshows starting next month in countries including the United States, Germany, France, South Korea and Japan to conv...
- Auto sector shifts gear towards recycling parts, batteries"As demand for these materials increase, the pressures on these (economically marginalised) regions are likely to be amplified, risking the...
- Battery giants face skills gap that could jam electric highwaySouth Korean battery giants are facing growing demands from big automakers and can't find enough technicians with the training needed to ke...
- The money is there, Volkswagen CEO says of planned battery cell pushBuilding new battery cell plants, which usually cost around 2 billion euros ($2.4 billion) apiece, are a key requirement for Volkswagen's v...
- Volkswagen invests $620 mln in Northvolt to secure battery supplyThe investment, part of a $2.75 billion funding round launched by the maker of lithium-ion batteries, will keep Volkswagen's stake stable a...
- Volkswagen takes aim at Tesla with own European gigafactoriesThe world's No. 2 carmaker, which is in the midst of a major shift towards battery-powered cars, said on Monday it wants to have six batter...
- European shares higher on possible Fiat-Renault merger, EU vote in focusThe trade war escalation this month has hit the pan-European STOXX 600.
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