Northvolt, the Swedish maker of battery cells for electric vehicles, said on Thursday it has filed for Chapter 11 bankruptcy ...

I t was supposed to be a battery pioneer, a symbol of European competitiveness and an example of industrial policy done right ...

The Swedish government does not plan to take a stake in battery maker Northvolt, Sweden's Minister for Energy, Business and ...

Europe’s ambitions to lead the world in green technologies risk fizzling out in the face of China’s dominance. The outlook is ...

Northvolt has just $30 million in cash and $5.84 billion in debt, but says it can emerge from restructuring in Q1 2025 ...

The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles.

Europe’s ambitions to lead the world in green technologies risk fizzling out in the face of China’s dominance. The outlook is especially bleak when it comes to electric vehicle batteries, an important ...

Swedish electric vehicle (EV) battery manufacturer Northvolt has filed for Chapter 11 bankruptcy protection in the US.

STOCKHOLM, Nov 22 (Reuters) - Sweden's Northvolt said on Thursday it will seek U.S. Chapter 11 bankruptcy protection as the cash-strapped battery start-up seeks to sort out its finances.

said on Thursday that it was loaning $100 million to Northvolt to support the manufacturing of electric vehicle battery cells in Skelleftea, northern Sweden. "This decisive step will allow ...

He isn't the only one to lose his job (and actually he will remain on the board and take on a role as senior advisor), the ...