Bankrupt battery maker Northvolt will stop production at its last remaining factory in northern Sweden at the end of June if it fails to find a buyer before then.

Northvolt's $15 billion collapse shook the cleantech industry. Its rival Redwood Materials takes a different approach in several key ways.

Northvolt AB filed for bankruptcy in Sweden, bringing to an end a company that was once seen as the future of Europe’s battery production.

The company and its assets will be sold after it filed for bankruptcy in Sweden, sinking Europe’s best hope for competing against Asian rivals.

Sweden's Northvolt has agreed to divest its Systems Industrial division, a key developer and manufacturer of battery systems for heavy industry sectors.

Swedish electric-vehicle battery maker Northvolt said on Friday it expects to line up additional bankruptcy financing by late January after engaging with over 100 lenders and potential investors ...

Some companies that were planning facilities to supply Northvolt with raw materials are now abandoning their projects or seeking new partners. About a week after the bankruptcy, the oil and gas firm ...

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.

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, Hailed As Europe’s Future EV Battery Champion, Files For Bankruptcy "Northvolt's liquidity picture has become dire," the company said in its Chapter 11 petition.

Sweden’s Northvolt Files For Bankruptcy After Canceled Battery Orders Northvolt has just $30 million in cash and $5.84 billion in debt, but says it can emerge from restructuring in Q1 2025 ...

Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a struggling company.