Northvolt, the Swedish battery cell maker for electric vehicles, said on Wednesday it had filed for bankruptcy in Sweden, one of the country's largest, effectively ending Europe's best hope of ...

This move comes amid geopolitical instability, rising capital costs, supply chain disruptions, and shifts in market demand.

Battery cell maker Northvolt has filed for bankruptcy in Sweden, the company said on Wednesday, marking one of the country's ...

Northvolt’s fortunes took a more decisive turn when BMW canceled a $2 billion contract in June 2024. The battery manufacturer ...

Northvolt AB today announced that it has filed for bankruptcy in Sweden. It says Northvolt North America is solvent, but what will happen to its massive EV battery plant project in Canada?

Debt-ridden Swedish electric vehicle battery manufacturer Northvolt said on Wednesday it has filed for bankruptcy in its home market. The move includes all of the group's Swedish units, but not its ...

The promising Swedish battery startup has succumbed to the weight of 7,5 billion in debt and the cancellation of crucial orders, filing for bankruptcy and taking with it hopes of a more independent ...

Citing two sources, DN reported that Northvolt's board would file for bankruptcy on Wednesday for "the entire Swedish business" if the company fails to raise new funding by then. Northvolt's board is ...

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

Rising capital costs, lower demand and the disruptive impact of geopolitical instability on supply chains all weighed heavily ...

Northvolt's operations in North America and Germany were not filing for bankruptcy in their jurisdictions, the company said, and neither was its Polish unit, an internal document showed.

STOCKHOLM–Swedish battery maker Northvolt filed for bankruptcy in Sweden after it failed to secure the financial backing needed to continue operating. A Swedish court-appointed trustee will now ...