ElectricMobility

Northvolt's Interim Chair Acknowledges Urgent Need for Battery Production Overhaul

28 days ago

In recent developments, the interim chair of Northvolt, a leading European battery manufacturer, addressed critical issues within the company's production operations. In a candid statement, the chair emphasized that Tesla's long-term partner must address significant inefficiencies in its manufacturing processes to sustain competitiveness and meet rising demand for electric vehicle batteries.

Europe's Tech Startup Scene Faces Turbulence Amidst Lilium and Northvolt Setbacks

1 month ago

The European technology startup landscape is currently grappling with significant disruptions following the failures of two high-profile companies: Lilium and Northvolt. These incidents are casting a long shadow over investor confidence and market dynamics in the region, leading to a reevaluation of the growth trajectories for emerging tech ventures.

Siemens to Carve Out EV Charging Unit in Bid to Speed Growth

3 months ago

Siemens AG reportedly plans to hive off its electric-vehicle charging unit, a strategic maneuver to accelerate growth and innovation amid huge demand in the market for EV technology and a source of increased focus on sustainable energy solutions by the company.