Northvolt, once seen as Europe’s best hope for a strong battery industry, has filed for bankruptcy in Sweden. The company, ...

Europe’s ambition to lead the world in green industries was always going to be a stretch given China’s head-start in many low ...

Volkswagen AG’s truckmaker Scania continues to receive cells from Northvolt AB as the Swedish battery maker fights for ...

Europe's auto sector had hoped Northvolt would reduce Western carmakers' reliance on Chinese rivals such as battery maker ...

In February, Northvolt said it had agreed to sell a battery pack business called Northvolt Industrial to one of its largest customers and close partner, Traton-owned Scania for $6 million in cash.

Battery maker Northvolt filed for bankruptcy in Sweden Wednesday, citing “compounding challenges,” including rising costs, ...

Scania said on Monday it had secured a new supply of battery cells in addition to its deal with Northvolt, as the Swedish ...

Truckmaker Scania still intends to buy Northvolt's battery pack business despite the Swedish battery maker having declared ...

A Scania spokesperson said the truckmaker still intended to buy the business at the original purchase price it had agreed with Northvolt. Under the deal, Scania would take over all debt and ...

STOCKHOLM (Reuters) -Battery cell maker Northvolt has filed for bankruptcy in Sweden, the company said on Wednesday, marking ...