EV battery maker Northvolt has filed for bankruptcy in Sweden after making an “exhaustive effort” to secure a viable future.

Late last month, Northvolt reached a deal handing its joint venture partner Volvo Cars full ownership of Novo Energy to build a battery factory in Gothenburg. The two businesses also signed a fram ...

Map show original expansion plan with colored dots: red for non-operational plants (Drei, Six), green for operational (Ett), yellow for no longer Northvolt-financed (Hydrovolt, NOVO), and blue for ...

to explore North American deals Swedish electric-vehicle battery maker Northvolt agreed with Volvo Cars on Wednesday to sell its stake in their joint battery venture Novo Energy for an undisclosed ...

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 ...

The rest of Europe could learn from them. Politicians in Brussels are perpetually searching for ways to invigorate the ...

European markets are heading for a sharply higher open amid hopes that a ceasefire can be reached to pause the war in Ukraine.

European markets closed higher on Wednesday after the EU imposed retaliatory tariffs on imports of steel and aluminium from ...