Sweden's troubled battery maker Northvolt has asked for an extension in its Chapter 11 process in the United States. Financially strained, the company announced in November that it had applied for ...

Northvolt sells unti to truckmaker Scania Companies decline to disclose sale price Unit was earmarked for sale by end-2024 Northvolt's available cash soon running out STOCKHOLM, Feb 18 (Reuters ...

The division was founded in 2018 and currently employs approximately 300 people in Stockholm and Gdańsk, Poland. The sale is a result of the strategic review that Northvolt previously announced, which ...

STOCKHOLM: Northvolt has held talks with a big industrial company on selling the business that makes electric battery packs for heavy industry, as a lack of funds forces it to try to divest one of ...

(Bloomberg) -- Northvolt AB has named Markus Dangelmaier ... enough to run operations for one week. The former head of the flagship plant, Mark Duchesne, left his position with immediate effect ...

Northvolt's controversial bonus scheme for key staff is set to be expanded to workers on the floor in spring. The Swedish battery maker's decision to pay out 5.4 million US dollars in bonuses to ...

(Reuters) -Northvolt's co-founder Paolo Cerruti will step down from his role as chief executive officer of its North American division, the Swedish electric-vehicle battery maker said on Thursday.

Northvolt’s Systems Industrial division will be acquired by truckmaker Scania, reported Reuters. The division, established in 2018, employs around 300 individuals across facilities in Stockholm ...

STOCKHOLM (Reuters) - Sweden's Northvolt has agreed to sell a business that makes electric battery packs for heavy industry, one of its few profitable units, to its customer and partner Scania, the ...