Corporation announced the completion of its second milestone, triggering a payment for sample battery cells shipped under a ...

Baillie Gifford's Schiehallion trust has increased the value of its holdings in Elon Musk's SpaceX by 86% last year, as it aimed to narrow the gap between its share price and underlying assets. The ...

The valuation of Spacex, which makes up 9.4 per cent of Schiehallion's portfolio, has increased by more than 600 per cent ...

Bo Normark, with a Skellefteå background, is a battery expert at EIT InnoEnergy, which has been involved in Northvolt's development, who is very positive about finding a new owner for the battery ...

Fuelled by $15bn in financing, Northvolt was supposed to be Europe’s great battery success story — a homegrown champion capable of competing with Asian and American giants. So when ...

Northvolt has made progress in negotiations to secure the continuation of operations within the bankruptcy framework, Mikael Kubu, trustee for Northvolt’s bankruptcy proceedings said in message ...

Europe had its hopes dashed for a homegrown EV battery industry by the bankruptcy filing of Northvolt, an EV battery maker based in Sweden. Northvolt was held in high regard as a breakthrough battery ...

Northvolt, once seen as Europe’s best hope for a strong battery industry, has filed for bankruptcy in Sweden. The company, which aimed to create the “world’s greenest battery,” struggled ...

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 ...

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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 ...