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Northvolt-Ett_Render

August 07, 2025
US battery manufacturer Lyten is acquiring the remaining assets of Northvolt in Sweden and Germany.

headquarters

July 29, 2025
Lyten intends to accelerate its acquisition strategy and expansion plans in the US and Europe with the additional capital. Lyten has also acquired the rights to Northvolt’s energy storage products, Voltpack Mobile Systems (VMS), Voltrack and future BESS products currently in development.

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acquires-Battery-Energy-Storage-Systems-Manufacturing-Operation-from-Northvolt

July 01, 2025
Lyten, a US-based manufacturer of lithium-sulfur batteries, will acquire Northvolt’s Dwa ESS operations in Gdansk, Poland, a 25,000 square metre battery energy storage systems (BESS) manufacturing and R&D facility.

Northvolt-Ett_Render

June 30, 2025
Production at Northvolt’s battery factory in Skellefteå i Northern Sweden comes to a complete stop today, and it remains unclear whether operations will ever resume.

gigafactory-Sweden

June 24, 2025
A foreign investor has submitted a preliminary bid to acquire the entirety of Northvolt's bankrupt operations in Sweden, including the battery factory in Skellefteå, and the R&D centre in Västerås. This was confirmed to Swedish public broadcaster Ekot by bankruptcy administrator Mikael Kubu.

Northvolt-labs-2024-06-14

June 11, 2025
Following the bankruptcy of Northvolt, intense efforts have been underway to rescue parts of the business. On 22 May, bankruptcy administrator Mikael Kubu confirmed that there were interested parties and that negotiations were ongoing concerning various operations within the group — each at different stages of progress.

Northvolt-Ett_Render

May 28, 2025
The bankruptcy estate of Northvolt has announced that battery cell production at the company’s Skellefteå facility will be gradually phased out, with the aim of ceasing operations entirely by June 30. The decision comes as efforts to find a buyer for Northvolt Ett AB's production remain unresolved.

facility-Torslanda

May 05, 2025
Novo Energy says that it will reduce its workforce by approximately 50% and implement a broader reorganisation of its operations in response to the bankruptcy of Northvolt, its former technology partner.

rendering-production-facility-Skelleftea

March 12, 2025
The news of battery manufacturer Northvolt’s bankruptcy hit Sweden hard, but maybe hardest of all it hit the northern city of Skellefteå – the city where its Gigafactory is located.

Northvolt-Ett_Render

March 12, 2025
The Swedish battery manufacturer Northvolt has officially filed for bankruptcy in Sweden. The company says that it reached the decision following an "exhaustive effort to explore all available means to secure a viable financial and operational future for the company."

Systems-Industrial-division

February 18, 2025
Northvolt has signed a Sale and Purchase Agreement to divest its Systems Industrial division to Scania

Drei-Battery-Plant-Germany

February 03, 2025
Each member of Scania’s staff is supposed to be paired with a Northvolt shift manager or team leader to coach teams and drive improvements and implement standards, the Reuters report said.

facility-Torslanda

January 29, 2025
The Swedish car manufacturer has signed a share purchase agreement relating to Northvolt’s shares in Novo Energy, leading to Volvo Cars taking full ownership of the Novo Energy joint venture.

facility-Torslanda

January 21, 2025
Novo Energy, the joint venture between Volvo Cars and Northvolt, plans to cut costs and reduce its workforce by 30%.

recycling

January 14, 2025
Norway's Hydro says it has signed an agreement to acquire the remaining shares in the battery recycler Hydrovolt, Northvolt's and Hydro's battery recycling joint venture, for NOK 78 million

Schleswig-Holstein-render

January 06, 2025
Schleswig-Holstein state Prime Minister Daniel Günther has said he supports the building of a facility in northern Germany. The politician asserts that he believes in the Northvolt project and is optimistic. He stressed that the battery cell factory will be built in Heide, the politician emphasized in an interview with the German Press Agency (NAP).

Ett-dusk

December 02, 2024
Struggling Swedish battery manufacturer Northvolt is reportedly in talks with several Asian battery companies, among them Contemporary Amperex Technology Co. Ltd.

lithium-element

November 28, 2024
Galp has decided not to proceed with the construction of the Aurora project. Originally a 50/50 partnership between Galp and Northvolt to construct a lithium conversion plant, in Portugal.

Drei-Battery-Plant-Germany

November 25, 2024
The Goldman Sachs private equity funds, together the 2nd-largest shareholders in Swedish battery maker Northvolt, are set to write down their $896 million investment to zero by year end, FT reports.

Peter-Carlsson

November 22, 2024
Carlsson will take on a role as senior adviser and remain a member of the board. Northvolt has filed for Chapter 11 bankruptcy protection in the United States.

Gdansk-factory-rendering

November 22, 2024
Swedish EV battery maker Northvolt said it has only enough cash to support operations for about a week and it had secured USD 100 million in new financing for the bankruptcy process.

lorry

November 18, 2024
Scania wants half of its vehicle sales to come from electric trucks by 2030. Currently, they make up less than 1% of sales, with the rollout hit by production and delivery problems at Northvolt.

facility-Torslanda

October 30, 2024
Volvo Cars says that the company is initiating a process to take full ownership of the Novo Energy joint venture.

Northvolt-ett-mark-duchesne

October 09, 2024
Mark Duchesne, CEO of Northvolt Ett, the Swedish battery company’s manufacturing facility in Skellefteå, is stepping down from his position. This follows months of significant economic challenges for the company.

northvolt-ett-expansion-construction

October 08, 2024
Swedish battery manufacturer Northvolt has announced that its subsidiary, Northvolt Ett Expansion AB, has filed for bankruptcy.

gigafactory-Sweden

October 07, 2024
Northvolt had agreed to a USD 5 billion green loan package with a group of lenders, intended to pay for a planned tripling of its battery-making capacity. This expansion has now been shelved.

gigafactory-Sweden

September 23, 2024
The Swedish battery manufacturer has been struggling for some time now. Earlier in September Northvolt announced that it would streamline its operations, focusing on large-scale cell manufacturing whilst reducing costs – something that would entail redundancies. Now, the numbers are in.

Volvo-Trucks-Electric-VT

September 16, 2024
Construction for Volvo’s new battery production plant in Sweden was expected to start in 2025. But the start date has now been pushed back by between 12 and 24 months, the WSJ report said.

Revolt-Ett-Illustration

September 10, 2024
In streamlining operations, battery company Northvolt says it will initially focus on large-scale cell manufacturing whilst reducing costs and exploring future partnerships to secure its position in the global battery landscape.

Northvolt-labs-2024-06-14

August 20, 2024
Northvolt says it will shift the development of its next-generation lithium-metal battery technology from California to its R&D campus, Northvolt Labs, in Västerås, Sweden.

gothia-towers

August 13, 2024
With a growing tech sector and significant investments in electrification, Gothenburg has become a Swedish centre for innovation in the automotive industry. Here, traditional actors and new players meet to shape the mobility of the future.

construction-start-germany

March 26, 2024
Swedish battery manufacturer Northvolt has officially stated the construction of its battery gigafactory – Northvolt Drei – in the German city of Heide.

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