Northvolt has been looking for money since mid-last year and filed for Chapter 11 in the U.S. in November with $5.84 billion in debt in one of the largest bankruptcies of 2024.

Northvolt asked more than 100 shareholders at a meeting this month to provide $1.29 billion over the next two years to help restore the bankrupt Swedish battery maker's business, two sources ...

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. Skip to Main Content.

Northvolt was one of the world’s most valuable battery startups. Now it has run out of charge. Over the past week, the Swedish company filed for bankruptcy in the U.S. and said its co-founder ...

Truck-maker Scania and battery producer Northvolt on Tuesday said they had developed an electric battery with a lifetime equivalent to that of a truck. Skip to main content.

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 ...

Swedish battery-maker Northvolt AB has defied the market gloom surrounding startups by securing new funds at last year’s valuation of $12 billion, according to a person familiar with matter who ...

(Bloomberg) -- 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 ...

(Bloomberg) -- When Northvolt AB’s clean-energy star was on the rise, Sweden’s political class took every opportunity to bask in its glow. Prime Minister Ulf Kristersson called the battery ...

Hitachi Energy is hiring workers from Northvolt AB as the cash-strapped battery maker lays off about 1,600 people at its sites in Sweden. The maker of transformers, electricity network equipment ...

Swedish prosecutors are set to serve Northvolt with a suspicion of gross manslaughter notice following the death of a worker at the EV battery-maker’s struggling gigafactory in the country’s ...

STOCKHOLM/BERLIN/FRANKFURT (Reuters) -Northvolt asked more than 100 shareholders at a meeting this month to provide $1.29 billion over the next two years to help restore the bankrupt Swedish ...