Cleantech & EV'sNews

Porsche 718 Boxster and Cayman EVs will be late, and here’s why

December 11, 2024
The electric Porsche 718 lineup is set to launch next year, bidding farewell to the gas-powered 718 Cayman and 718 Boxster. But that plan has hit a major snag in the fallout over Swedish battery maker Northvolt filing for bankruptcy. Back in 2022, the Volkswagen subsidiary announced plans to replace the current generation of Porsche 718 with an all-electric range developed from the Mission R…
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Cleantech & EV'sNews

Northvolt files for bankruptcy, CEO quits

November 26, 2024
Europe’s “green dream” Northvolt has filed for bankruptcy protection in the US after a rescue package failed to go through, leaving the battery maker with just one week’s worth of cash in the account. Cofounder and CEO Peter Carlsson, who spearheaded a costly…
Cleantech & EV'sNews

Northvolt announces its own battery development program to support electric planes

April 26, 2023
Swedish battery manufacturer Northvolt is taking its technology to the skies, announcing a new program surrounding lightweight, energy-dense lithium metal cells and modules to support electric aviation. The electric plane battery development is already underway through Northvolt’s subsidiary Cuberg, which has some milestones to share. Northvolt was founded by two former Tesla executives…
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