Sweden’s state-owned pension investors, collectively known as the AP Funds, have fully written down their entire investment in bankrupt battery maker Northvolt AB. The funds had invested 5.8 ...

Northvolt, once considered Europe's best hope for a battery champion, filed for U.S. Chapter 11 bankruptcy protection in November last year. "The purchase consideration rounds to 0 m SEK.

(Reuters) - (This Feb. 6 story has been corrected to say Volvo 'will pay Northvolt almost nothing,' not 'will not pay Northvolt,' in the headline and paragraph 1, and to say 'purchase price is ...

(Reuters) - Northvolt's co-founder Paolo Cerruti will step down from his role as chief executive officer of its North American division, the Swedish electric-vehicle battery maker said on Thursday.

Northvolt intends to focus on its primary battery cell production business. Credit: Jeppe Gustafsson/Shutterstock. Swedish EV battery maker Northvolt has reached an agreement with Volvo Cars to ...

Volvo Cars will not pay Northvolt any money for its 50% stake in their battery venture Novo Energy that it had agreed to acquire, according to the automaker's quarterly report on Thursday.

(Bloomberg) -- Northvolt AB has yet to line up investors willing to commit funds to allow the Swedish battery maker to emerge from Chapter 11 bankruptcy protection, according to people familiar ...

Scania is supporting Northvolt's operations in Sweden Scania staff heavily involved in day-to-day running of Northvolt Ett plant, documents Northvolt faces financial struggles, needs $1.29 bln to ...

Swedish EV battery maker Northvolt has reached an agreement with Volvo Cars to sell its stake in their Swedish battery-making joint venture, Novo Energy. The two companies will also explore ...

STOCKHOLM/BERLIN/FRANKFURT (Reuters) - Northvolt asked more than 100 shareholders at a meeting this month to provide $1.29 billion over the next two years to help restore the bankrupt Swedish ...

Sweden’s state-owned pension fund AP2 has written down its entire stake in bankrupt battery maker Northvolt AB, according to the fund’s annual report. AP2, which has been a shareholder of ...