Swedish battery maker Northvolt announced a full shutdown of its main plant, Northvolt Ett, in Skellefteå, citing financial ...

Aging population and anti-immigration rhetoric in rich countries are forcing companies building electricity infrastructure to ...

But in the past year all that has unravelled rapidly, leaving Northvolt bankrupt, investors nursing big losses and Europe’s hopes of competing with Asian players on the battery technology so crucial ...

STOCKHOLM (Reuters) -Swedish automotive battery maker Northvolt, which declared bankruptcy in March, plans to wind down its remaining battery cell production in the Nordic country by the end of June, ...

Time is running out for Northvolt’s Swedish operations as potential buyers begin to look elsewhere for battery supplies, and ...

Northvolt's bankruptcy administrator, Mikael Kubu, announced at a staff meeting on Thursday that production in Skellefteå will be scaled down ...

Following Northvolt's bankruptcy, former employees, many far from home, face uncertain futures. Michael Wray's non-profit ...

Northvolt AB will stop making cells at its last remaining factory in northern Sweden at the end of June, marking the demise of what was once Europe’s best hope of a homegrown battery champion.

Northvolt's $15 billion collapse shook the cleantech industry. Its bankruptcy highlights risks in ambitious electric vehicle battery production. Redwood Materials is taking a different approach.

"Personally this is an emotional day," Carlsson said. The former Tesla executive said Northvolt had been "like a baby" to him. The company opted for a court-led restructuring after talks with ...

Northvolt is close to securing a $300 million funding package from a consortium of investors, shareholders and customers to meet short-term requirements amid a slowdown in demand for batteries ...

Northvolt calls its liquidity situation "dire" Operations to continue during restructuring, expected completion by Q1 2025 Scania lends $100 million for bankruptcy process Nov 21 (Reuters ...