The company explained that the delay in submission was due to a late response to loss data related to the bankruptcy of its major customer, European battery manufacturer Northvolt. The Korea ...

Elon Musk on Saturday defended the White House DOGE Office, arguing that the task force is "extremely transparent." Musk has faced a growing backlash over his work to reshape the federal government.

Now we know. Following Northvolt's bankruptcy, the factory will lose more than half its workforce. What was once Sweden's great green industrial hope now faces potential collapse. For Skellefteå, ...

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. “Despite significant reductions, it is positive that the ...

COPENHAGEN (Reuters) - Northvolt's bankruptcy trustee said on Monday it had reached an agreement in principle with key stakeholders in the electric vehicle battery maker for financial guarantees ...

COPENHAGEN, March 31 (Reuters) - Northvolt's bankruptcy trustee said on Monday it had reached an agreement in principle with key stakeholders in the electric vehicle battery maker for financial ...

U.S. President Donald Trump signs an executive order about tariffs increase in the Oval Office of the White House in Washington, D.C. Kevin Lamarque/Reuters President Donald Trump has announced ...

The federal government failed to consult the MCK ahead of its decision to commit funding to Northvolt, the Swedish company behind the project. Given that funding was committed pursuant to a federal ...

Northvolt declared bankruptcy in Sweden on March 12. Its North American subsidiary remains active, but its future now rests in the hands of the trustee appointed by a Swedish court to oversee the ...

This week, they have chosen to activate their organisation to help those affected by Northvolt’s cutbacks find new jobs. – Kristina (Sundin Jonsson, Skellefteå's city manager) contacted us on Friday – ...

The $270 million invested by Quebec in Northvolt’s parent company in Sweden is no longer worth anything, the government confirmed. “We believe the value of this amount is lost,” Christine Fréchette, ...

Quebec’s $270 million investment in the Swedish parent company of battery maker Northvolt is gone, the provincial government confirmed on Wednesday. “The value of that amount is considered lost,” said ...