Sweden’s state-owned pension fund AP2, Gothenburg, has written down its entire stake in bankrupt battery maker Northvolt, ...

Volvo Cars will pay Northvolt almost nothing for its 50% stake in their battery venture Novo Energy that it had agreed to ...

The Novo battery factory was announced in 2021 and meant to start production in 2026, but Volvo has said a new investor would be needed for that to happen.

Last week, Volvo Cars agreed with Northvolt to take over its stake in the venture, which included a planned Gothenburg ...

Direct flights from London to Swedish ski resort reopen after three years, Northvolt launches new bonus scheme for 1,800 ...

Truckmaker Scania has embarked on a critical mission to support Northvolt, a struggling electric vehicle battery maker, by assisting in the daily operations of its flagship plant in Sweden. The ...

This is a summary of a request from the Official Committee of Unsecured Creditors of Northvolt to hire Akin Gump Strauss Hauer & Feld as counsel, filed Jan. 13 with the U.S. Bankruptcy Court in ...

Cerruti will retain his role as chairman of the board of the Canadian entity, the statement said, adding that "Paolo will continue to support the growth and success of Northvolt North America from ...

Northvolt, currently under US bankruptcy protection, stopped funding most of its joint ventures, including Novo, throughout 2024 to prioritise its core business of battery cell production. As a result ...

Cerruti’s resignation as CEO will result in several other, but according to the company, temporary changes to the Northvolt North America leadership team. Karen Chang will assume the role of CEO of ...