The group 'watered' by European institutions and several governments declares bankruptcy with a debt of 8 billion. The ...

Truckmaker Scania is willing to go ahead with purchasing the only profitable business of bankrupt battery maker Northvolt for ...

Northvolt's Swedish company was declared bankrupt.The scale of the bankruptcy is enormous – it is the largest in modern ...

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 ...

When Northvolt filed for bankruptcy in the US, it showed $8 billion of debt across all of its entities. "This was a decision we did not take lightly," Northvolt Chairperson Tom Johnstone told a ...

When it comes to electric vehicle batteries, the outlook is especially bleak. Sweden’s Northvolt AB was long seen as a real contender to the Chinese companies that make most of the world’s EV ...

Northvolt filed for bankruptcy in Sweden on Wednesday, the latest blow to Europe’s attempts to create a battery manufacturing juggernaut that could rival the Chinese giants. Though the Swedish ...

Scania said on Monday it had secured a new supply of battery cells in addition to its deal with Northvolt, as the Swedish ...

STOCKHOLM (Reuters) -Battery cell maker Northvolt has filed for bankruptcy in Sweden, the company said on Wednesday, marking one of the country's largest corporate failures and effectively ending ...

Northvolt – the former hope of Europe to build its own battery supply chain on the continent to compete with Asian rivals – has filed for bankruptcy in Sweden after efforts to secure a viable ...

Swedish electric vehicle (EV) battery startup Northvolt has filed for bankruptcy in Sweden due to financial and operational challenges. The company's board of directors made the decision after an ...