“We have sold over 3,300 of our Voltpack Core products and achieved approximately 10 million hours of runtime for individual ...

[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 ...

Northvolt's operations in Sweden are in danger of winding down as the battery maker navigates bankruptcy. The company has been seeking to stem its cashflow over the past year by closing some units ...

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 ...

Sweden’s state-owned pension investors, collectively known as the AP Funds, have fully written down their entire investment in bankrupt battery maker Northvolt AB. The funds had invested 5.8 ...

A subsidiary of troubled Swedish battery maker Northvolt has filed for bankruptcy as the company works through a strategic overhaul amid a cooling global electric-vehicle market. Northvolt Ett ...

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 ...

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 ...

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 ...

Company filed for bankruptcy in November Northvolt needs $1.29 billion until 2027, sources say Slightly above the $1-$1.2 bln range given before Asian partner likely needed to rescue company ...