Northvolt’s factories will make up 13% of Europe’s battery production planned for 2030. Its bankruptcy may boost Europe’s ...

Northvolt, once touted as Europe's best bet to challenge Asia's grip on the EV battery market, has filed for bankruptcy in Sweden after failing to secure fresh funding. A court-appointed trustee will ...

Bankrupt battery maker Northvolt AB will continue to operate in Sweden with a staff of 1,700 while its remaining employees will be laid off.

Quebec’s $270 million investment in the Swedish parent company of battery maker Northvolt is gone, the provincial government ...

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 ...

Battery maker Northvolt has filed for bankruptcy in Sweden, dealing a blow to Europe’s battery manufacturing capabilities. The firm said that it had made an “exhaustive effort…to secure a ...

MONTREAL - It’s unclear whether Northvolt North America’s electric vehicle battery plant project in Quebec will proceed after its parent company filed for bankruptcy in Sweden on Wednesday.

Scania's electrification plans have been hindered by Northvolt's struggle to ramp up output. Scania said on Monday it had secured a new supply of battery cells in addition to its deal with ...

Northvolt’s subsidiaries in Germany and North America are not included in the bankruptcy filings. Credit: Northvolt AB. Swedish electric vehicle (EV) battery startup Northvolt has filed for ...

Scania said on Monday it had secured a new supply of battery cells in addition to its deal with Northvolt, as the Swedish truck maker warned it will miss its 2025 targets to cut emissions due in ...

Already last autumn, when Northvolt laid off 1,000 employees in Skellefteå, Internationella Engelska Skolan (IES) strengthened its "safety team" to support worried students. The school has around 530 ...