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Northvolt was a shiny new startup with a pretty logo that promised to “make oil history” by making the cleanest electric car battery the world had ever seen. The Swedish company founded in ...
Northvolt's bankruptcy trustee has received an indicative bid from a foreign interested party for the company's business in ...
Europe’s “green dream” Northvolt has filed for bankruptcy protection in the US after a rescue package failed to go through, leaving the battery maker with just one week’s worth of cash in ...
Northvolt logo is displayed at the battery manufacturer's office, after the company's bankruptcy announcement, in Stockholm, Sweden, March 12, 2025.
Northvolt’s crisis has already delivered a significant blow to Europe’s EV sector. Still, the company had maintained its operations during the last few months, even as bankruptcy proceedings ...
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 ...
Northvolt fought to avoid bankruptcy by laying off 1,600 employees in September and selling assets in November from its acquisition of Cuberg. The company was reportedly burning through $100 ...
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