[Stay on top of transportation news: Get TTNews in your inbox.] Bankrupt battery maker Northvolt AB will stop production at its last remaining factory in northern Sweden at the end of June if it ...

(Bloomberg) -- Bankrupt battery maker Northvolt AB will continue to operate in Sweden with a staff of 1,700 while its remaining employees will be laid off. “Despite significant reductions ...

Northvolt was the darling of the European cleantech industry, attracting billions in funding from the world’s biggest automakers, banks and governments. Today, as at least one investor questions ...

Volkswagen bet big on European-made batteries a few years ago with two massive investments in Northvolt, the Swedish manufacturer. Now the automaker’s €1.4 billion stake is worth less than ...

Investing in Northvolt “is not a priority for us,” the German newspaper cited him as saying in an interview published on Saturday. “There’s still a possibility that we can help them on the ...