Carmakers and governments have spent billions trying to entice people to switch from petrol to electric, but progress has stalled ...
Talks between Volkswagen (VWAPY) and IG Metall union failed to resolve labor issues, work stoppages could start early next ...
Portuguese energy company Galp has officially canceled its €1 billion Aurora lithium refinery project in Setúbal, citing a ...
Franco TerrazzanoDumb government spending isn’t confined to the United States. While U.S. President-elect Donald Trump plans ...
Chinese EV makers struggle in Europe with slipping market share and new tariffs, as trade tensions and reduced subsidies ...
An Australian-based supplier of electric vehicle battery materials announced it will expand its Chattanooga production ...
The European EV industry faces significant challenges, including intense competition from Chinese EV and battery ...
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Volkswagen Reduces Stakes in Northvolt, Signs Contract With NovonixVolkswagen AG VWAGY, the largest shareholder in Swedish battery maker Northvolt, has significantly reduced its 21% stake in Northvolt following the battery maker’s recent bankruptcy protection filing ...
Established by Volkswagen in 2022, PowerCo is committed to building six battery cell gigafactories by 2030 with a combined ...
Volkswagen has substantially written down its 21% stake in Northvolt, a Swedish battery cell manufacturer, reported Reuters.
Volkswage has significantly written down its 21% stake in Northvolt that filed for bankruptcy protection in the U.S. last ...
Struggling Swedish EV battery maker Northvolt filed for U.S. Chapter 11 bankruptcy protection on Thursday after failing to establish a funding ...
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