The automotive aftermarket sector has faced significant economic distress in the last year, with several auto parts retailers ...

Northvolt's attempt to restructure under US law (Chapter 11) has failed. A Texas bankruptcy court granted the battery maker's ...

Northvolt can continue its operations, albeit not at full capacity. The company's bankruptcy trustee has secured the ...

Thousands of employees of bankrupt battery manufacturer Northvolt in Sweden are losing their jobs. Although the company can ...

Bo Normark, with a Skellefteå background, is a battery expert at EIT InnoEnergy, which has been involved in Northvolt's development, who is very positive about finding a new owner for the battery ...

Northvolt, an electric vehicle (EV) battery maker that was once one of Europe’s best-funded start-ups, filed for bankruptcy 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 ...

Northvolt has made progress in negotiations to secure the continuation of operations within the bankruptcy framework, Mikael Kubu, trustee for Northvolt’s bankruptcy proceedings said in message ...

Northvolt, once seen as Europe’s best hope for a strong battery industry, has filed for bankruptcy in Sweden. The company, which aimed to create the “world’s greenest battery,” struggled to meet its ...

Northvolt employees will now start receiving layoff notices following the company's bankruptcy. Lena Lundgren from the union IF Metall describes it as a heavy blow, and says an internal message ...

When Northvolt filed for bankruptcy in the US, it showed $8 billion of debt across all of its entities. "This was a decision we did not take lightly," Northvolt Chairperson Tom Johnstone told a ...