Northvolt’s factories will make up 13% of Europe’s battery production planned for 2030. Its bankruptcy may boost Europe’s ...

Northvolt, once touted as Europe's best bet to challenge Asia's grip on the EV battery market, has filed for bankruptcy in Sweden after failing to secure fresh funding. A court-appointed trustee will ...

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 ...

Bankrupt battery maker Northvolt AB will continue to operate in Sweden with a staff of 1,700 while its remaining employees will be laid off.

Quebec’s $270 million investment in the Swedish parent company of battery maker Northvolt is gone, the provincial government ...

Scania's electrification plans have been hindered by Northvolt's struggle to ramp up output. Scania said on Monday it had secured a new supply of battery cells in addition to its deal with ...

MONTREAL - It’s unclear whether Northvolt North America’s electric vehicle battery plant project in Quebec will proceed after its parent company filed for bankruptcy in Sweden on Wednesday.

Battery maker Northvolt has filed for bankruptcy in Sweden, dealing a blow to Europe’s battery manufacturing capabilities. The firm said that it had made an “exhaustive effort…to secure a ...

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’s subsidiaries in Germany and North America are not included in the bankruptcy filings. Credit: Northvolt AB. Swedish electric vehicle (EV) battery startup Northvolt has filed for ...

Gift 5 articles to anyone you choose each month when you subscribe. Stockholm | Battery cell maker Northvolt has filed for bankruptcy in Sweden, the company said on Wednesday, marking one of the ...