Swedish automotive company Volvo Cars Corp. notified Northvolt AB, a partner in the NOVO Energy joint venture, of its intention to use the pre-emptive share repurchase right to acquire full control ...

Swedish electric vehicle (EV) battery startup Northvolt has filed for bankruptcy in Sweden due to financial and operational challenges. The company's board of directors made the decision after an ...

Northvolt AB today announced that it has filed for bankruptcy in Sweden. It says Northvolt North America is solvent, but what will happen to its massive EV battery plant project in Canada?

Battery maker Northvolt has filed for bankruptcy in Sweden, dealing a blow to Europe’s battery manufacturing capabilities. The firm said that it had made an “exhaustive effort…to secure a ...

Northvolt’s subsidiaries in Germany and North America are not included in the bankruptcy filings. Credit: Northvolt AB. Swedish electric vehicle (EV) battery startup Northvolt has filed for ...

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 ...

Northvolt North America says it remains solvent and intends to honour its obligations, including toward its employees. It’s unclear whether Northvolt North America’s electric vehicle battery ...

Founded in 2016, Northvolt has been seen as a cornerstone of European attempts to catch up with Asia and the US in the production of battery cells. (AFP pic) Sweden’s struggling electric car ...

Elon Musk’s efficiency drive failed to prevent US federal spending rising to a record $603bn in February, European battery maker Northvolt has filed for bankruptcy in Sweden, and US inflation ...

Swedish electric car battery maker Northvolt has filed for bankruptcy in Sweden, dealing a blow to European efforts to challenge Asia's dominance in the key sector. Founded in 2016, Northvolt has ...

Swedish electric car battery maker Northvolt has filed for bankruptcy in Sweden, dealing a blow to European efforts to challenge Asia's dominance in the key sector. Founded in 2016, Northvolt has ...