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Economist Claes Hemberg, known for his independent analyses, was quick to comment on Northvolt's bankruptcy filing. In a post titled 'Batterifabriken flytt int' on his website, he argued that the ...

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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Its demise leaves Europe without a home-grown champion to compete with Chinese battery-makers. BRUSSELS — Swedish battery-maker Northvolt filed for bankruptcy in Sweden on Wednesday, marking the ...

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 ...

Europe’s ambition to lead the world in green industries was always going to be a stretch given China’s head-start in many low-carbon technologies. When it comes to electric vehicle batteries ...

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 ...