Northvolt loss triples to US$1 billion on battery ramp-up trouble

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Northvolt AB reported a widening loss for last year after the company struggled to ramp up production of battery cells for electric cars at its factory in Sweden.

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Scania Ramps Up E-Truck Production as Northvolt Fixes DelaysSwedish truck maker Scania CV AB is ramping up production of electric rigs now that previously delayed batteries from Northvolt AB have begun arriving in greater numbers at its factory in Sodertalje.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Northvolt Loss Triples to $1 Billion on Battery Ramp-Up TroubleNorthvolt AB reported a widening loss for last year after the company struggled to ramp up production of battery cells for electric cars at its factory in Sweden.
Source: BNNBloomberg - 🏆 83. / 50 Read more »