Swedish lithium-ion battery maker Northvolt has filed for bankruptcy in its home jurisdiction, dealing another blow to the European Union's plans to build up an electric vehicle battery manufacturing ...

Northvolt, once seen as Europe’s best hope for a strong battery industry, has filed for bankruptcy in Sweden. The company, which aimed to create the “world’s greenest battery,” struggled ...

Swedish battery cell maker Northvolt has filed for bankruptcy, prompting calls for the EU to amend its clean-tech funding rules to aid existing companies. Sweden's deputy prime minister, Ebba Busch, ...

Northvolt employees will now start receiving layoff notices following the company's bankruptcy. Lena Lundgren from the union IF Metall describes it as a heavy blow, and says an internal message ...

Northvolt, once touted as Europe's best bet to challenge Asia's grip on the EV battery market, has filed for bankruptcy in Sweden after failing to secure fresh funding. A court-appointed trustee ...

When Northvolt filed for bankruptcy in the US, it showed $8 billion of debt across all of its entities. "This was a decision we did not take lightly," Northvolt Chairperson Tom Johnstone told a ...

Northvolt – the former hope of Europe to build its own battery supply chain on the continent to compete with Asian rivals – has filed for bankruptcy in Sweden after efforts to secure a viable ...

The bankruptcy of a Volkswagen partner in electric vehicle battery production will not threaten the automaker’s St. Thomas investment, industry experts say. The development does, however ...

The day after the bankruptcy announcement, the atmosphere at Northvolt’s gates in Skellefteå was subdued. Many of the employees are so-called third-country nationals, meaning they come from outside ...

BRUSSELS — Swedish battery-maker Northvolt filed for bankruptcy in Sweden on Wednesday, marking the final unraveling of a company once seen as Europe’s standard bearer for the sector.