Northvolt employees will now start receiving layoff notices following the company's bankruptcy. Lena Lundgren from the union IF Metall describes it as a heavy blow, and says an internal message ...

BRUSSELS — Swedish battery-maker Northvolt filed for bankruptcy in Sweden on Wednesday, marking the final unraveling of a company once seen as Europe’s standard bearer for the sector.

Swedish electric car battery maker Northvolt has filed for bankruptcy in Sweden, dealing a blow to European efforts to challenge Asia's dominance in the key sector. Founded in 2016, Northvolt has ...

By Marie Mannes 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 ...

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 ...

The EV battery maker Northvolt filed for bankruptcy on Wednesday. The Swedish company, founded by two ex-Tesla executives, struggled amid stuttering demand for EVs. It was widely seen as Europe's ...

Northvolt Systems Industrial's battery packs have been sold since 2019 and are used on drilling rigs and in construction to power machinery such as forklifts. With its main operations in Gdansk ...

Northvolt Systems Industrial's battery packs have been sold since 2019 and are used on drilling rigs and in construction to power machinery such as forklifts. With its main operations in Gdansk, ...

Northvolt, the Swedish maker of battery cells for electric vehicles, said on Wednesday it has filed for bankruptcy in Sweden, bringing to an end Europe's best hope of developing a rival to major Asian ...

Northvolt, the Swedish battery cell manufacturer for electric vehicles, faces potential bankruptcy in Sweden as funding issues escalate. The company, which sought U.S. Chapter 11 protection last year, ...

Struggling electric vehicle battery manufacturer Northvolt on Wednesday said it has filed for bankruptcy in Sweden. The firm said it that it submitted the insolvency filing after an "exhaustive ...