Northvolt has declared bankruptcy in Sweden, but says its North American operations are solvent. The company is building a ...

STOCKHOLM–Swedish battery maker Northvolt filed for bankruptcy in Sweden after it failed to secure the financial backing needed to continue operating.A Swedish court-appointed trustee will now oversee ...

STOCKHOLM (Reuters) - The bankruptcy of battery cell maker Northvolt, once the leader of Sweden's green industrial boom, is a huge blow to the country's north and particularly the small town of ...

Northvolt’s fortunes took a more decisive turn when BMW canceled a $2 billion contract in June 2024. The battery manufacturer ...

The European Union should amend its clean-tech funding rules to allow bankrupt Swedish battery cell maker Northvolt to access ...

Citing two sources, DN reported that Northvolt's board would file for bankruptcy on Wednesday for "the entire Swedish business" if the company fails to raise new funding by then. Northvolt's board is ...

Northvolt's bankruptcy trustee said on Friday it had made "significant" progress in negotiating the continuation of operation ...

This move comes amid geopolitical instability, rising capital costs, supply chain disruptions, and shifts in market demand.

Beredskapslyftet was founded during the covid-19 pandemic to address the challenges that arose at the time.Now, it is being ...

STOCKHOLM (Reuters) -Battery cell maker Northvolt has filed for bankruptcy in Sweden, the company said on Wednesday, marking one of the country's largest corporate failures and effectively ending ...

Swedish battery maker Northvolt has filed for bankruptcy, shaking up Europe's clean-tech industry. Sweden's deputy prime ...

Sweden's labour minister, Mats Persson, has said that no decision has yet been taken on whether to relax work permit rules ...