Established by Volkswagen in 2022, PowerCo is committed to building six battery cell gigafactories by 2030 with a combined annual volume of 240 GWh – enough for about ...

As the automotive industry undergoes a transformative shift, fueled by advancements in electric vehicles, autonomous driving ...

American depositary receipts of Novonix surged Monday after the company inked another offtake deal and said it was moving toward financing a second graphite plant. Novonix ADRs were up 30% to $2.51 in ...

Volkswagen and Goldman Sachs write off stakes in Northvolt due to missed production targets, resulting in significant ...

Novonix (ASX:NVX) has secured a binding agreement with Volkswagen subsidiary PowerCo SE to supply a minimum of 32,000 tonnes ...

AST SpaceMobile's satellite technology hopes to revolutionize cell communication. Shares of the SpaceX partner have rocketed ...

As part of the transaction, the Qubitekk team will join IonQ to further enhance IonQ’s leading position in the quantum networking industry. IonQ anticipates closing the acquisition within the ...

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SCIENTISTS FIRST SHOWED TELEPORTATION WAS POSSIBLE back in 1993, when a team from IBM published a paper about teleporting a quantum state—rather than just an object—in the journal Physical ...

Volkswagen is set to make an unprecedented move: closing three German factories in a drastic cost-saving effort aimed at cutting over $4.3 billion. The announcement signals a significant shift for ...

Volkswagen is bracing for a more intense restructuring plan than initially anticipated, which could result in tens of thousands of job cuts among its German workforce — marking one of the ...