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.

Sweden's Volvo Cars, owned by China's Geely Group, said Thursday that annual profits rose in 2024 despite a final quarter ...

Truckmaker Scania has embarked on a critical mission to support Northvolt, a struggling electric vehicle battery maker, by assisting in the daily operations of its flagship plant in Sweden. The ...

Cerruti will retain his role as chairman of the board of the Canadian entity, the statement said, adding that "Paolo will continue to support the growth and success of Northvolt North America from ...

Cerruti’s resignation as CEO will result in several other, but according to the company, temporary changes to the Northvolt North America leadership team. Karen Chang will assume the role of CEO of ...

The report examines how different scenarios regarding Northvolt's future could impact Skellefteå and Västerbotten. These scenarios include a successful restructuring, Northvolt declaring bankruptcy ...

STOCKHOLM (Reuters) - Truckmaker Scania has stepped in to help Northvolt with the day-to-day running of its flagship plant in northern Sweden, a last-ditch effort to boost quality and output at ...

(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.

(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.