Northvolt, Founded by Ex-Tesla Exec, Loses €2 Billion BMW Battery Deal Over Delivery Issues

June 22, 2024 – According to a report from Reuters, Swedish battery manufacturer Northvolt, founded by a former Tesla executive, has failed to fulfill a long-term supply agreement, leading BMW to recently cancel a battery contract signed with Northvolt in 2020 worth over 2 billion euros. Last year, Northvolt announced a significant breakthrough in energy…

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BMW Plans Limited Run of 20-25 Skytop Concept Cars

May 29, 2024 – Adrian van Hooydonk, the Design Director of BMW Group, recently hinted at the possible limited production of the newly unveiled concept car, Skytop, at the just-concluded Concorso d’Eleganza Villa d’Este in Italy. According to Hooydonk, the company might manufacture between 20 to 25 units of the Skytop by 2026, depending on…

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