Map show original expansion plan with colored dots: red for non-operational plants (Drei, Six), green for operational (Ett), yellow for no longer Northvolt-financed (Hydrovolt, NOVO), and blue for ...

EV battery maker Northvolt has filed for bankruptcy in Sweden after making an “exhaustive effort” to secure a viable future.

Swedish automotive company Volvo Cars Corp. notified Northvolt AB, a partner in the NOVO Energy joint venture, of its intention to use the pre-emptive share repurchase right to acquire full control ...

Late last month, Northvolt reached a deal handing its joint venture partner Volvo Cars full ownership of Novo Energy to build a battery factory in Gothenburg. The two businesses also signed a fram ...

Volkswagen AG’s truckmaker Scania continues to receive cells from Northvolt AB as the Swedish battery maker fights for survival under an ongoing bankruptcy process. “We currently, since quite ...

On Tuesday evening, reports spread quickly that battery manufacturer Northvolt may be nearing bankruptcy, with Dagens Nyheter being the first to report it. Two independent sources told DN that ...

Debt-ridden Swedish electric vehicle battery manufacturer Northvolt said on Wednesday it has filed for bankruptcy in its home market. The move includes all of the group's Swedish units ...

STOCKHOLM—Truck maker Scania agreed to buy Northvolt’s heavy industry business, as the battery maker continues to work through a restructuring process. “This acquisition will provide access ...

STOCKHOLM (Reuters) -Scania said on Monday it had secured a new supply of battery cells in addition to its deal with Northvolt, as the Swedish truckmaker warned it will miss its 2025 targets to ...

Battery manufacturer Northvolt is continuing to hire people despite its financial troubles, Swedish Radio News reports. Currently there are around 20 vacancies, mainly at the factory in ...

Northvolt’s Systems Industrial division is engaged in providing battery modules and systems for various industries. Credit: Northvolt AB. Sweden’s Northvolt has agreed to divest its Systems ...

to explore North American deals Swedish electric-vehicle battery maker Northvolt agreed with Volvo Cars on Wednesday to sell its stake in their joint battery venture Novo Energy for an undisclosed ...