It has been accused of dumping cheap steel on the global market to beat out competitors. During his administration President Trump pushed China to cut production, and more recently, in 2024 ...

Volvo Cars is seeking to take over Northvolt's stake in their Swedish battery-making joint venture NOVO but will need a new partner to keep plans for a gigafactory on track, the Chinese-owned ...

Volvo Cars aims to take over Northvolt's share in their joint venture, NOVO, to advance gigafactory plans despite Northvolt's struggles. The project reflects Europe's challenges in achieving EV ...

Volvo Cars will exercise its right to acquire Northvolt's shares in their battery joint venture, NOVO Energy, after Northvolt failed to meet financial obligations. While assessing how this impacts ...

Volvo Wednesday said it had taken ownership of a joint venture with troubled battery maker Northvolt because Northvolt had not made promised payments to fund the joint venture, in the latest sign of ...

Earlier this month, it became known that the investment subsidiary of the major US bank Goldman Sachs is reportedly considering rescuing the ailing battery manufacturer Northvolt together with other ...

(Bloomberg) -- Sweden’s Northvolt AB is likely to complete an expected funding round of about $300 million next week, as the troubled battery-cell maker races to get its finances on a more stable ...

A 50-50 joint venture between Galp – which earlier on Monday reported a 22% decline in third-quarter adjusted core profit – and Swedish battery maker Northvolt, dubbed Aurora and set up in ...

Vast swaths of the rusty red Outback have been dug up and delivered overseas to make the steel that helped transform other nations: first the United States, then Japan and most recently China ...

Global steel use stands at 1.9 billion tons yearly, essential for various industries. Five major steel companies include Nucor, Steel Dynamics, Cleveland-Cliffs, ArcelorMittal, and U.S. Steel.