Fuelled by $15bn in financing, Northvolt was supposed to be Europe’s great battery success story — a homegrown champion capable of competing with Asian and American giants. So when ...

When it comes to electric vehicle batteries, the outlook is especially bleak. Sweden’s Northvolt AB was long seen as a real contender to the Chinese companies that make most of the world’s EV ...

When Northvolt filed for bankruptcy in the US, it showed $8 billion of debt across all of its entities. "This was a decision we did not take lightly," Northvolt Chairperson Tom Johnstone told a ...

The Ontario Municipal Employees Retirement System booked a loss on its $325 million investment in Northvolt AB, the Swedish electric vehicle battery maker that filed for bankruptcy protection last ...

In November 2023, a 25-year-old man was taken to Akademiska Hospital in Uppsala following an explosion at Northvolt. He suffered severe burns and received treatment in a specialist unit for several ...

Swedish electric car battery maker Northvolt has filed for bankruptcy in Sweden, dealing a blow to European efforts to challenge Asia's dominance in the key sector. Founded in 2016, Northvolt has ...

BRUSSELS — Swedish battery-maker Northvolt filed for bankruptcy in Sweden on Wednesday, marking the final unraveling of a company once seen as Europe’s standard bearer for the sector.

Northvolt North America says it remains solvent and intends to honour its obligations, including toward its employees. It’s unclear whether Northvolt North America’s electric vehicle battery ...

STOCKHOLM (Reuters) -Scania said on Monday it had secured a new supply of battery cells in addition to its deal with Northvolt, as the Swedish truckmaker warned it will miss its 2025 targets to ...

Already last autumn, when Northvolt laid off 1,000 employees in Skellefteå, Internationella Engelska Skolan (IES) strengthened its "safety team" to support worried students. The school has around 530 ...

STOCKHOLM (Reuters) - Northvolt, the Swedish maker of battery cells for electric vehicles, may be close to filing for bankruptcy in Sweden, Swedish newspaper Dagens Nyheter (DN) reported on Tuesday.