A part of Northvolt's German division has applied for restructuring, a spokesperson for the insolvent Swedish battery cell maker said on Friday, confirming a report in weekly magazine Der Spiegel.

Electric-vehicle dreams are crashing into reality, and the latest signs come from Europe. Swedish battery manufacturer Northvolt last week filed for bankruptcy, one day after Ford announced 4,000 ...

Swedish truck maker Scania acquired Northvolt’s heavy industry business after reaching an agreement with the company’s bankruptcy trustee.

Northvolt Ett Expansion was created to manage the buildout of a gigafactory in northern Sweden, but that project was shelved as part of a cost-saving plan. The Wall Street Journal.

Swedish battery maker Northvolt announced a full shutdown of its main plant, Northvolt Ett, in Skellefteå, citing financial strain. Operations will wind down by June 30, with restructuring plans ...

Northvolt fought to avoid bankruptcy by laying off 1,600 employees in September and selling assets in November from its acquisition of Cuberg. The company was reportedly burning through $100 ...

Northvolt filed for bankruptcy in Sweden on March 12, making it one of the country's largest corporate failures and effectively ending Europe's best hope of developing a rival to challenge China.

Northvolt, a Swedish battery marker, is shutting down a Bay Area subsidiary and laying off its nearly 200 employees as it consolidates research and development efforts in Sweden. Cuberg’s ...

Northvolt AB aims to list its shares in Sweden next year after the battery maker previously guided that an initial public offering could happen in 2024, according to a person familiar with the matter.