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 ...

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 ...

STOCKHOLM, March 21 (Reuters) - Northvolt's bankruptcy trustee said on Friday it had made "significant" progress in negotiating the continuation of operation of the electric vehicle battery maker ...

Europe had its hopes dashed for a homegrown EV battery industry by the bankruptcy filing of Northvolt, an EV battery maker based in Sweden. Northvolt was held in high regard as a breakthrough battery ...

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 ...

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 ...

Its demise leaves Europe without a home-grown champion to compete with Chinese battery-makers. BRUSSELS — Swedish battery-maker Northvolt filed for bankruptcy in Sweden on Wednesday, marking the ...

Swedish electric car battery maker Northvolt has filed for bankruptcy in Sweden, dealing a blow to European efforts to challenge Asia's dominance in the key sector. Founded in 2016, Northvolt has ...

Sweden’s Northvolt AB was long seen as a real contender to the Chinese companies that make most of the world’s EV power cells, but ran out of money after a series of operational blunders ...

Northvolt, the Swedish battery cell manufacturer for electric vehicles, faces potential bankruptcy in Sweden as funding issues escalate. The company, which sought U.S. Chapter 11 protection last year, ...

Struggling electric vehicle battery manufacturer Northvolt on Wednesday said it has filed for bankruptcy in Sweden. The firm said it that it submitted the insolvency filing after an "exhaustive ...