Northvolt AB today announced that it has filed for bankruptcy in Sweden. It says Northvolt North America is solvent, but what will happen to its massive EV battery plant project in Canada?
Northvolt AB, which is Northvolt North America’s parent company, said in a statement that it “experienced a series of compounding challenges in recent months that eroded its financial position, including rising capital costs, geopolitical instability, subsequent supply chain disruptions, and shifts in market demand.” It also stated that it faced significant internal challenges in its production ramp-up, and was ultimately unsuccessful in securing a “viable financial and operational future for the company.” (As an aside, Northvolt Germany is also still solvent.)
Northvolt North America first announced plans in September 2023 to build Northvolt Six, a new EV battery gigafactory roughly 15 miles (25 km) east of Montreal. Northvolt Six will include a cell production plant, battery recycling, and cathode active-material production facilities, with the factory running entirely on hydroelectric power. The plan was to bring the plant online in 2026, delivering an initial annual production capacity of 30 GWh.
The project has hefty government financial backing, with Quebec’s government contributing CAD $2.9 billion and the Canadian federal government contributing CAD $4.4 billion.
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So what does the future hold for Northvolt Six in light of Northvolt’s bankruptcy in Sweden? In a word: Unclear.
The Canadian Press via the Montreal Gazettereports that Northvolt North America says it will honor its obligations toward its employees. However:
Spokeswoman Emmanuelle Rouillard-Moreau would not confirm when asked if construction on the project will move ahead as part of Northvolt North America’s commitment to honour obligations. She says any decisions regarding the subsidiary ‘will be made by the court-appointed trustee of Northvolt AB, together with the group’s lenders, at the appropriate time.’
Unsurprisingly, Rouillard-Moreau has stuck to the bankruptcy announcement script word-for-word (it’s in paragraph six). They simply don’t know yet. As soon as we find out more, I’ll update this story.
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Veteran marine and industrial power solutions company Volvo Penta has joined forces with energy solutions provider e-power to build battery energy storage systems (BESS). Volvo Penta’s battery systems for energy storage will power BESS units built by e-power that can be catered to a range of applications, most notably construction rental clients like Boels Rentals in Europe.
Volvo Penta is a provider of sustainable power solutions that currently serves land and sea applications under the Volvo Group umbrella. As more and more of the world goes all-electric, the global manufacturer has also adapted, sharing cultural values with Volvo Group to engineer new and innovative sustainable power solutions.
Nearly 100 years later, Volvo Penta remains an industry leader in marine propulsion systems and industrial engines. As more and more of the world goes all-electric, the Swedish manufacturer has also adapted, sharing cultural values with Volvo Group to engineer new and innovative sustainable power solutions.
For example, all Volvo Penta diesel engines now run on hydro-treated vegetable oil (HVO), reducing well-to-wheel emissions by up to 90% across the marine and industrial power industries. On the zero-emissions side, Volvo Penta has expressed its dedication to fossil-free power solutions, including battery electric components to serve heavy-duty applications such as terminal tractors, forklifts, drill rigs, and feed mixers, to name a few.
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To leverage its battery electric value chain, Volvo Penta has also ventured into battery systems for energy storage (or BESS subsystems). These energy-dense, purpose-built BESS subsystems can provide portable, sustainable energy for all-electric charging and reduce grid dependency.
Source: Volvo Penta
Volvo Penta to deploy battery systems for energy storage
Volvo Penta recently announced a strategic partnership with e-power, a Belgian power solutions provider. Together, Volvo Penta and e-power will develop a scalable Battery Energy Storage System (BESS) for Boels Rental.
The collaboration continues a long-standing partnership between all three companies. Boels – one of the largest construction rental companies is a long-time customer of e-power generators that utilize Volvo Penta engines. As the company shifts toward electrification and sustainability, it will again turn to those companies to deliver reliable performance.
Volvo Penta’s BESS subsystem comprises battery packs, a Battery Management System (BMS), DC/DC converters, and thermal management, combining to offer a compact, high-density, and transport-friendly solution optimized for rental operations. The company shared that this BESS design is integration-ready, enabling other OEMs like e-power to adapt and scale systems to customer-specific needs. Per e-power business support director, Jens Fets:
We’ve built our reputation on reliability and efficient power systems. Working again with Volvo Penta, this time on battery energy storage, allows us to meet the growing demand for energy in a silent, low-emissions, compact and mobile design—especially in rental applications.
The deployment of these new battery energy storage systems will help Boels cater to its customers’ growing demand for clean, silent, and mobile energy solutions in construction and other industrial applications.
Aside from being more quickly adaptable to customer needs, Volvo Penta says its BESS architecture marks an overall shift in rental power systems. This is welcome news for all who support a cleaner, more sustainable future across all industries.
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Two days ahead of the GLC EV’s officially schedule global debut, images that reportedly show the new 2026 Mercedes undisguised have leaked on Instagram and Reddit. They show the blocky new light-up grille on the nose of a very smooth, jellybean-like crossover shape that, despite Mercedes’ insistence that it’s moving away from the EQ series’ design language, looks an awful lot like an EQ Mercedes.
Check out the leaked images from kindleauto’s Instagram account, below, and see if you agree with that assessment.
If you need to see more before you feel comfortable commenting on the new SUV’s looks, there’s a few more angles over on the r/mercedes_benz subreddit.
As with everything else on the internet, take those unofficial images with a grain of salt and maybe wait until the GLC EV’s official reveal in a few days’ time before casting your final vote on the new look – but there’s very little reason to believe the new Mercedes will look terribly different from what you see here.
We got a sneak peek at the new GLC back in July, when Mercedes-Benz Group CEO, Ola Källenius said that, “We’re not just introducing a new model – we’re electrifying our top seller.” Back then, we learned that the new GLC EV would have a wheelbase 3.1″ longer than the current ICE-powered model, as well as more head- and leg-room for its occupants and an extra 4.5 cubic feet (for 61.4 total) of cargo space.
Källenius also promised an innovative new 800V electric architecture and the latest battery tech, which will enable the electric GLC to add around 260 km (~160 miles) of WLTP range in just ten minutes thanks to more than 300 kW of charging capability.
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For more than 30 years, John Deere’s go-anywhere Gator has been a trusted tool for ranchers, landscapers, and hobby farmers. But the all-electric TE 4×2 version of Big Green’s little truckster rarely gets to steal the spotlight from its ICE-powered 6×4 cousins.
That OG E-Gator was designed from the ground up for quiet work in places like golf courses, university and hospital campuses, luxury resorts, and corporate grounds – but its go-anywhere design and quiet running made it a favorite of hunters and ranchers, too. Fitted with eight heavy, 12V lead-acid batteries, the ’98 Gator could deliver 6 hours of runtime between overnight charges.
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We haven’t come a long way, baby
TE 4×2 loaded w/ attachments; via John Deere.
If it ain’t broke, don’t fix it. That seems to be the mentality at Deere when it comes to the all-electric Gator. The TE 4×2 hasn’t chased trends or tried to reinvent itself with flashy autonomous tech. Instead, it’s relied solid, work-horsey reasons. Instead, the UTV has leaned on the formula that’s made it a winner for more than 25 years: bulletproof reliability, low maintenance, and a design that just works. Even the added weight of the low-tech batteries compared to more energy-dense li-ion deals makes sense in this application, providing weight over the drive wheels that delivers sure-footed traction on slippery grass or muddy trails.
That’s not to say the Gator hasn’t changed at all over the last few decades. The electrical system has been upgraded to 48V, and its high-capacity, deep-cycle batteries (12 kWh total capacity) give the TE 4×2 dependable, all-day runtime (up to 8 continuous hours) with the benefit of modern chargers, regenerative braking (!), and updated safety features.
The TE 4×2 electric Gator is available from your local Deere dealer with prices starting at $15,699. And, if you’re looking for an endorsement: my personal Gator is easily my favorite thing … maybe I should try to change my Twitter X handle to “GatorJo”?
Let me know what you think of that idea in the comments.
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