The future of battery manufacturer Northvolt's planned factory in northern Germany has been cast into doubt after the Swedish company filed for bankruptcy on Wednesday. Operations for Northvolt's ...

Northvolt’s future hangs in balance as bankruptcy looms on whatsapp (opens in a new window) Save Richard Milne in Oslo and Ramsay Hodgson in London. Published November 17 2024.

Northvolt's bankruptcy trustee has received an indicative bid from a foreign party interested in the company's Swedish ...

Northvolt was a shiny new startup with a pretty logo that promised to “make oil history” by making the cleanest electric car battery the world had ever seen. The Swedish company founded in ...

A foreign party has shown interest in Swedish battery maker Northvolt with an indicative bid. Bankruptcy trustee Mikael Kubu ...

Northvolt has been looking for money since mid-last year and filed for Chapter 11 in the U.S. in November with $5.84 billion in debt in one of the largest bankruptcies of 2024.

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.

EV battery firm Northvolt has outlined a review of operations in Sweden which will result in the loss of 1,600 jobs. The move comes amid slowing sales of battery electric vehicles (BEVs) in Europe ...

Northvolt's shock decision this week to shrink its operations and cut jobs has sparked fears that Europe's best shot at a home-grown electric vehicle battery champion may stall, sector experts and ...

Northvolt fought to avoid bankruptcy by laying off 1,600 employees in September and selling assets in November from its acquisition of Cuberg. The company was reportedly burning through $100 ...

Volkswagen’s truck manufacturing brand Scania plans to equip all its future electric trucks with Northvolt batteries, in a vote of confidence for the cash-strapped Swedish battery maker.