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.

Prison idea for Northvolt site sparks heated political debate The far-right Sweden Democrats suggested recently that the former Northvolt battery factory in Skellefteå could be converted into a prison ...

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.

Northvolt, the Swedish maker of battery cells for electric vehicles, may be close to filing for bankruptcy in Sweden, Swedish newspaper Dagens Nyheter (DN) reported on Tuesday.

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’s bankruptcy could disrupt electric vehicle timelines, including models from Audi and Porsche. A report suggests the upcoming Porsche 718 EV could be delayed by battery issues and/or a ...

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.

Swedish battery maker Northvolt said Chief Executive Peter Carlsson is stepping down from his role with immediate effect and will become a senior adviser as the company enters U.S. bankruptcy and ...

The chief executive of Northvolt stepped down on Friday, shortly after the Swedish battery maker filed for Chapter 11 bankruptcy protection in the U.S.

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.