Investment Management Corporation of Ontario has written down its $400 million investment in Northvolt. It is the latest ...

Northvolt has struggled with persistent quality issues and troubles increasing production of its battery cells, which caused BMW last year to cancel a 2 billion euro contract and other stakeholders to ...

Northvolt, a Swedish battery maker, seeks $1.29 billion from shareholders to revive operations after filing for Chapter 11 bankruptcy. Facing cash exhaustion by February, the company is in talks with ...

Northvolt filed for Chapter 11 U.S. bankruptcy in November after talks for fresh funding with investors collapsed amid ...

This is a summary of a request from the Official Committee of Unsecured Creditors of Northvolt to hire Akin Gump Strauss Hauer & Feld as counsel, filed Jan. 13 with the U.S. Bankruptcy Court in ...

Northvolt's shareholders include Goldman Sachs and BMW as well as customers Volkswagen and Scania. It is not clear which investors were present at the meeting. The two sources said the ...

Northvolt intends to focus on its primary battery cell production business. Credit: Jeppe Gustafsson/Shutterstock. Swedish EV battery maker Northvolt has reached an agreement with Volvo Cars to ...

Northvolt, once considered Europe's best hope for a battery champion, filed for U.S. Chapter 11 bankruptcy protection in November last year. "The purchase consideration rounds to 0 m SEK.

During Northvolt's mass lay-offs last autumn, some consultants were kept on because their specialised skills were considered essential for production. Their contracts were extended or even renewed.

Northvolt has struggled with persistent quality issues and troubles increasing production of its battery cells, which led BMW to cancel a 2-billion euro ($2.08 billion) contract last year and ...