Sweden
Volkswagen-backed Northvolt to develop wood-based batteries for EVs
This image from 2007 shows logs and wood chips outside a Stora Enso paper mill in Finland. The firm says it’s “one of the largest private forest owners in the world.” Suzanne Plunkett | Bloomberg | Getty Images Northvolt will partner with Stora Enso to develop batteries that incorporate components produced using wood sourced from […]
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VW and Goldman-backed battery maker Northvolt gets $1.1 billion funding injection
Northvolt’s most recent funding announcement comes at a time when major economies are laying out plans to move away from vehicles that use diesel and gasoline. Mikael Sjoberg | Bloomberg | Getty Images Electric vehicle battery maker Northvolt on Tuesday announced a $1.1 billion funding boost, with a range of investors — including Volkswagen and […]
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‘Everything was going fine between us’ Putin says of NATO expansion; war grinds on in Ukraine with one city under ‘constant shelling’
City of Lysychansk under ‘constant shelling’ as battle rages to control wider region Ukrainian soldiers in the eastern Luhansk region on June 23, 2022. On Wednesday, Serhiy Haidai, the governor of the Luhansk region where the fighting is most severe, said that the city of Lysychansk is under “constant shelling.” Anatolii Stepanov | Afp | […]
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Here’s what’s hot — and what’s not — in fintech right now
There has been something of a rotation out of certain pockets of fintech that were hyped by venture capitalists last year, such as crypto and “buy now, pay later,” and into less sexy areas focused on generating stable streams of income. Jantakon Kokthong / Eyeem | Eyeem | Getty Images Financial technology is the hottest […]
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NATO deal between Turkey, Sweden and Finland brings home wins for Erdogan — and a possible F-16 breakthrough
Turkey’s President Tayyip Erdogan holds a news conference during the NATO summit at the Alliance’s headquarters in Brussels, Belgium June 14, 2021. Yves Herman | Reuters NATO officials on Tuesday celebrated Turkey’s lifting of its veto against Sweden and Finland joining the transatlantic alliance, a move that brought the Nordic states one step closer to […]
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Volvo says it has started testing trucks with fuel cells powered by hydrogen
According to Volvo Trucks, fuel cells for the vehicles will be provided by cellcentric, a joint venture with Daimler Truck that was established in March 2021. Tomohiro Ohsumi | Bloomberg | Getty Images Volvo Trucks said Monday that it had begun to test vehicles that use “fuel cells powered by hydrogen,” with the Swedish firm […]
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A huge offshore wind farm is jumping on a growing industry trend — recyclable turbine blades
A wind turbine at the Ormonde Offshore Wind Farm, in the Irish Sea. With governments around the world attempting to ramp up their renewable energy capacity, the number of wind turbines worldwide only looks set to grow, which will in turn increase pressure on the sector to find sustainable solutions to the disposal of blades. […]
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Conflict, politics and history: Why Turkey is standing in the way of Sweden and Finland’s NATO bids
When Finland and Sweden announced their interest in joining NATO, the two Nordic states were expected to be swiftly accepted as members of the defense alliance. But joining NATO requires consensus approval from all existing members, and Turkey – one of the group’s most strategically important and militarily powerful members – is not happy. The […]
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Turkey’s Erdogan discusses concerns with NATO hopefuls Sweden and Finland
Turkish President Tayyip Erdogan addresses members of his ruling AK Party (AKP) during a meeting at the parliament in Ankara, Turkey May 18, 2022. Murat Cetinmuhurdar/Presidential Press Office/Handout via REUTERS THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. NO RESALES. NO ARCHIVES. MANDATORY CREDIT Murat Cetinmuhurdar | Reuters Turkish President Tayyip Erdogan, who has […]
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Two maps show NATO’s growth — and Russia’s isolation — since 1990
A Swedish soldier takes part in exercises on May 17, 2022. Her country, along with Finland, now wants to join NATO. Jonathan Nackstrand | Afp | Getty Images Russia has become increasingly isolated from the rest of Europe over the last 30 years, and maps of the continent illustrate just how drastic the change has […]
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