Poland fights for coal, but Russia may benefit

Silicon can hold 10 times as many lithium ions by weight as graphite, but developing the battery technology to scale sustainably has met its share of challenges. 

The French miner was this year given a sales quota by the Asian nation that was 29% less than it expected.

Peter Carlsson, co-founder and leader of Northvolt since 2016, will remain as advisor as he quit a day after the firm filed for bankruptcy.

The company changed its board of directors and plans to spin out non-core assets La Verde, Capricho, and Paco Orco into a new company.