Several foreign parties have placed binding bids for Northvolt's bankrupt estate. At the same time, former employees have ...

Starting battery production in Skellefteå would align well with the plans of tech company Lyten. Yet, for now, they remain ...

Northvolt has been looking for money since mid-last year and filed for Chapter 11 in the U.S. in November with $5.84 billion in debt in one of the largest bankruptcies of 2024.

Swedish prosecutors are set to serve Northvolt with a suspicion of gross manslaughter notice following the death of a worker at the EV battery-maker’s struggling gigafactory in the country’s ...

Northvolt's US unit files for Chapter 11 bankruptcy protection as CEO Peter Carlsson, who has led the startup since 2016, leaves post in what has become a crisis for the European battery industry.

E lectric-vehicle dreams are crashing into reality, and the latest signs come from Europe. Swedish battery manufacturer Northvolt last week filed for bankruptcy, one day after Ford announced 4,000 ...

Northvolt Ett Expansion was created to manage the buildout of a gigafactory in northern Sweden, but that project was shelved as part of a cost-saving plan. Skip to Main Content.

In late 2021, Northvolt began cell production at its first gigafactory, followed by news of a second factory coming to Sweden by 2025. By March 2022, a third gigafactory had been announced for ...

Northvolt is going forward with building its EV battery plant in Germany after the EU ups its subsidies game to compete with US incentives. In November 2022, ...

Northvolt filed for bankruptcy in Sweden on March 12, making it one of the country's largest corporate failures and effectively ending Europe's best hope of developing a rival to challenge China.

Northvolt plans on a 4,000-strong workforce at its Skelleftea plant. It's also expanding into another part of Sweden, as well as Poland and Norway. The United States is also a possibility.

The plant, called Northvolt Ett, is under construction 700 km north of here, in Skellefteå (“Shell-EFF-tay-oh”), where large-scale manufacturing is slated to begin in 2021.