Investors are preparing to write off nearly the entire value of their stakes in Swedish battery giant Northvolt as a crisis at the troubled European green technology champion deepens. Once valued ...

Swedish battery maker Northvolt announced Monday that it plans make some redundancies. The firm also said it would close down, sell, or consolidate some major facilities in Europe and the U.S ...

The European Commission defended its involvement in battery projects despite the crisis faced by Swedish giant Northvolt. Spokeswoman Johana Bernsel emphasized that EU initiatives in this area have ...

In a column published on November 25, the Swedish ... since Northvolt built its first gigafactory there, which opened in 2021, the town will be hit hard by the bankruptcy of the giant, which ...

Northvolt AB intends to pay its taxes that are due on Monday as the troubled Swedish battery maker strives to claw its way out of a cash crisis. The tax bill, reported to total 287 million Swedish ...

Oct. 31 - Volvo Cars says it is seeking to take full control over Swedish battery-making joint venture NOVO, as Northvolt is no longer contributing funds. Nov. 11 - Northvolt says the head of ...

This week, the Northvolt unit managing the expansion of its main battery-cell factory in northern Sweden filed for bankruptcy, saddling suppliers with about 606 million Swedish kronor ($58.3 ...

Fatal Crash in China: A popular electric vehicle made by the Chinese consumer electronics giant Xiaomi ... a gasoline-only version. Swedish Battery Maker Collapses: Northvolt, Europe’s biggest ...

Northvolt’s plant in the north of Sweden ... to write off nearly the entire value of their stakes in Swedish battery giant Northvolt as a crisis at the troubled European green technology ...

Northvolt, a key battery producer for Europe's electric vehicle industry, announced Monday that it plans to cut jobs, shut down one of its sites, and enter into discussions with partners and ...

In addition to making redundancies, Northvolt is also consolidating several of its key battery-making operations across Europe. In the northern Swedish city of Skellefteå, Northvolt said that its ...