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Northvolt hits financial turbulence: Job cuts and production halt amid declining EV demand

David Lazarevic11/09/202411/09/2024

11/09/202411/09/2024

Swedish battery manufacturer Northvolt AB is taking drastic measures to stabilize its financial situation, including pausing production at its flagship factory and implementing job cuts...

Mining News

CATL seeks $1.5 billion fund to expand global battery supply chain

David Lazarevic17/07/202417/07/2024

17/07/202417/07/2024

China’s Contemporary Amperex Technology (CATL), the world’s largest electric vehicle battery manufacturer, is in discussions with overseas sovereign wealth funds and private offices of wealthy...

Mining News

Verkor secures €1.3 billion investment for new battery cell factory in Northern France

David Lazarevic29/05/202429/05/2024

29/05/202429/05/2024

French battery manufacturer Verkor has secured €1.3 billion in financing for its new battery cell factory located in Dunkirk, northern France. Construction of the plant...

Tag : battery manufacturer

Northvolt hits financial turbulence: Job cuts and production halt amid declining EV demand

CATL seeks $1.5 billion fund to expand global battery supply chain

Verkor secures €1.3 billion investment for new battery cell factory in Northern France

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Important Announcement to Our Readers

India poised to decide on metallurgical coke import...

AMMC plans to become world’s largest ore deposit...

Kazatomprom and Jordan uranium mining company forge partnership...

Saudi Arabia expands mining sector to strengthen global...

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