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.

STOCKHOLM/BERLIN/FRANKFURT (Reuters) -Northvolt asked more than 100 shareholders at a meeting this month to provide $1.29 billion over the next two years to help restore the bankrupt Swedish ...

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 ...

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 ...

Swedish battery maker Northvolt AB has been granted a second deadline extension to file schedules and statements with a bankruptcy court in the U.S., according to a ruling on Jan. 15 seen by ...

(Reuters) - (This Feb. 6 story has been corrected to say Volvo 'will pay Northvolt almost nothing,' not 'will not pay Northvolt,' in the headline and paragraph 1, and to say 'purchase price is ...