Northvolt Bankruptcy May Delay Porsche And Audi Electric Models

Credit to Author: Steve Hanley| Date: Sun, 15 Dec 2024 23:25:09 +0000

Porsche is on the back foot after Northvolt filed for bankruptcy recently and is facing a steep decline in sales in China,

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EU To Invest 1 Billion Euros To Boost Domestic Supply Of Battery Components

Credit to Author: Steve Hanley| Date: Mon, 09 Dec 2024 01:07:30 +0000

The US Inflation Reduction Act — unless it is repeal or revoked — will provide tens of billions of dollars in production credits to companies that manufacture lithium-ion batteries using materials and components sourced from within the US or from countries America deems worthy. This week, the European Union announced … [continued]

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Lessons For Europe & North America From Northvolt Collapse

Credit to Author: Michael Barnard| Date: Wed, 04 Dec 2024 04:50:39 +0000

The European Union lost a few things in the past week. The least of them was a couple of billion euros of loans and grants. A big one was a new supply of fresh and shiny Europe-made batteries. The biggest was a belief that anything China could do, they could … [continued]

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Northvolt’s Initial Outcomes from Its Strategic Review

Credit to Author: Press Release| Date: Tue, 10 Sep 2024 03:50:06 +0000

In streamlining operations, Northvolt will initially focus on large-scale cell manufacturing whilst reducing costs and exploring future strategic partnerships for the purpose of securing its position in the global battery landscape. Northvolt is today announcing its initial steps to be taken as part of its strategic review. These measures reflect … [continued]

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Morrow Batteries Begins LFP Production In Norway

Credit to Author: Steve Hanley| Date: Thu, 22 Aug 2024 18:12:51 +0000

Morrow Batteries will begin making LFP batteries at scale in a new factory in Norway by the end of this year.

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1st Recycling Facility Powered by Recycled Solar, New US Solar Cell Factory — Clean Energy News Roundup

Credit to Author: Cynthia Shahan| Date: Wed, 31 Jul 2024 05:00:18 +0000

Check out the video below to find proof that renewable energy isn’t about throwing away or making more waste. SolarCycle has deployed the first-of-its-kind solar recycling facility in the country to be powered by reused solar panels. Other good news for solar in the US that is a much appreciated: … [continued]

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Europe Battery Factory Plans Are In A Shambles

Credit to Author: Steve Hanley| Date: Sat, 22 Jun 2024 13:37:55 +0000

On June 20, 2024, Reuters reported some rather shocking news regarding BMW and its electric car plans. The headline read, “BMW cancels $2 billion battery cells contract with Northvolt.” The report said that BMW had cancelled a 2 billion euros  ($2.15 billion) order for battery cells for its electric vehicles … [continued]

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Volkswagen Puts European Battery Factory Plans On Hold

Credit to Author: Steve Hanley| Date: Thu, 09 Mar 2023 18:05:55 +0000

VolkswagenVolkswagen could get up to $10 billion in IRA benefits if it decides to build a new battery factory in the US instead of Europe.

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Two-Thirds of European Battery Production at Risk — Analysis

Credit to Author: Transport & Environment (T&E)| Date: Tue, 07 Mar 2023 06:00:05 +0000

IRA subsidies are chief threat to gigafactory plans unless Europe offers accessible incentives and streamlined permitting.

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