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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.

Scania has been one of Northvolt most vocal backers and biggest customers, and had planned to rely on the manufacturer for batteries for its electric trucks. The truck maker in April agreed to buy ...

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

Europe's battery tech sector faces a new choice: collaborate with China's industry giants or focus on the next frontier.

Northvolt sought to capture 25 percent of the European battery market by 2030. Last year, the company was able to secure a $5 billion loan from the European Union to expand its production.

It was also involved in battery recycling. Northvolt’s bankruptcy raises a legitimate question over whether Europe can still — or should even try to — create a domestic battery champion.

Sweden’s state-owned pension investors, collectively known as the AP Funds, have fully written down their entire investment in bankrupt battery maker Northvolt AB.

Northvolt AB has yet to line up investors willing to commit funds to allow the Swedish battery maker to emerge from Chapter 11 bankruptcy protection, according to people familiar with the matter.

Northvolt’s bankruptcy is part of an industry-wide reassessment of the demand for electric vehicle batteries. Companies like BASF and Umicore have pulled back on battery materials investments.

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.