Investment Management Corporation of Ontario has written down its $400 million investment in Northvolt. It is the latest ...

Northvolt has struggled with persistent quality issues and troubles increasing production of its battery cells, which caused BMW last year to cancel a 2 billion euro contract and other stakeholders to ...

Northvolt, a Swedish battery maker, seeks $1.29 billion from shareholders after filing for Chapter 11 bankruptcy. Facing production issues and failed funding talks, the company plans to secure ...

Northvolt, a Swedish battery maker, seeks $1.29 billion from shareholders to revive operations after filing for Chapter 11 bankruptcy. Facing cash exhaustion by February, the company is in talks with ...

Northvolt filed for Chapter 11 U.S. bankruptcy in November after talks for fresh funding with investors collapsed amid ...

Northvolt intends to focus on its primary battery cell production business. Credit: Jeppe Gustafsson/Shutterstock. Swedish EV battery maker Northvolt has reached an agreement with Volvo Cars to ...

Northvolt's shareholders include Goldman Sachs and BMW as well as customers Volkswagen and Scania. It is not clear which investors were present at the meeting. The two sources said the ...

Northvolt, once considered Europe's best hope for a battery champion, filed for U.S. Chapter 11 bankruptcy protection in November last year. "The purchase consideration rounds to 0 m SEK.