Northvolt

Delayed Northvolt Salaries on the Way

Northvolt makes write-downs for billions

The battery manufacturer Northvolt made a multi-billion loss in December, reports Di and SR Ekot.

A Transitional Year for Volvo Cars Causes the Share to Plummet

A record year that ended weakly. Now Volvo Cars is bracing for continued challenges on the car market in 2025 – and the stock plummeted on the stock exchange. It will be an intermediate year, says the company's finance chief Johan Ekdahl to TT in connection with the company's quarterly report.

The Government Gives the Green Light for Mine in Kiruna

The environmental permit was already in place at home. Now, the government has in practice run over Kiruna municipality. Thus, most things are clear for the new graphite mine. We have come to the conclusion that this is a very significant national interest in this current mine establishment, says Minister for Business, Industry and Innovation Ebba Busch (KD).

Almost every third person is laid off at Novo Energy

The battery manufacturer Novo Energy in Gothenburg – partly owned by crisis-stricken Northvolt and car manufacturer Volvo Cars – is laying off 120 employees. "A tough but necessary decision", says CEO Adrian Clarke according to a press release.

Northvolt sells stake in recycling company

The meeting may mark the beginning of the end for Northvolt

After a 2024 marked by skyrocketing losses, production problems, massive layoffs, and bankruptcy protection, the owner of the battery manufacturer Northvolt will now have their say. An extraordinary general meeting will decide today whether it's time to give up the attempts to save the company.

Another fateful day for Northvolt

The crisis-stricken battery manufacturer Northvolt - with thousands of employees in Skellefteå and Västerås - is facing yet another day of destiny. The owners are gathering tomorrow to decide on continued operations or liquidation.