Rising capital costs, lower demand and geopolitical instability with subsequent supply-chain disruptions all added to the challenge of securing a path forward.

This move comes amid geopolitical instability, rising capital costs, supply chain disruptions, and shifts in market demand.

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 Europe's best hope of ...

Northvolt’s fortunes took a more decisive turn when BMW canceled a $2 billion contract in June 2024. The battery manufacturer ...

Battery maker Northvolt has filed for bankruptcy in Sweden, dealing a blow to Europe’s battery manufacturing capabilities.

The bankruptcy affects Northvolt AB and its Swedish subsidiaries. Northvolt's German and North American businesses aren't filing for bankruptcy in their respective jurisdictions, though the ...

Citing two sources, DN reported that Northvolt's board would file for bankruptcy on Wednesday for "the entire Swedish business" if the company fails to raise new funding by then. Northvolt's board is ...

Northvolt's bankruptcy trustee said on Friday it had made "significant" progress in negotiating the continuation of operation ...

Truckmaker Scania is willing to go ahead with purchasing the only profitable business of bankrupt battery maker Northvolt for $6 million, it said on Wednesday.

The bankruptcy trustee of Northvolt announced significant progress in negotiating the company's future operations amid ...

The future of battery manufacturer Northvolt's planned factory in northern Germany has been cast into doubt after the Swedish company filed for bankruptcy on Wednesday. Operations for Northvolt's ...