Volkswagen's truckmaker Scania said on Friday it had agreed to buy bankrupt Northvolt's division that makes battery packs for ...

Bankrupt battery maker Northvolt AB will continue to operate in Sweden with a staff of 1,700 while its remaining employees will be laid off.“Despite significant reductions, it is positive that the ...

Northvolt’s two biggest shareholders are German carmaker Volkswagen — also in financial difficulty — and US investment bank Goldman Sachs. “Like many companies in the battery sector ...

Experts say Swedish battery maker’s collapse highlights Europe’s losing battle against Asian giants - Anadolu Ajansı ...

He noted that Northvolt ... of Europe's leading battery production facilities, Hemberg concludes. Claes Hemberg Claes Hemberg began his career as a journalist in the 1990s but is best known to many as ...

Photo: Viktoria Bank/TT The battery giant Northvolt this week began laying off employees after declaring itself bankrupt last week. What is the process in Sweden when a company goes bankrupt? In ...

Fuelled by $15bn in financing, Northvolt was supposed to be Europe’s great battery success story — a homegrown champion capable of competing with Asian and American giants. So when ...

Bankrupt battery maker Northvolt AB will continue to operate ... a range of instruments have created a long line of lending banks and shareholders facing the prospect of sizable losses.

Swedish electric car battery maker Northvolt has filed for bankruptcy ... also in financial difficulty -- and US investment bank Goldman Sachs. The company said "rising capital costs, geopolitical ...

(Bloomberg) -- Bankrupt battery maker Northvolt AB will continue to operate ... of instruments have created a long line of lending banks and shareholders facing the prospect of sizable losses.