Following the insolvency of Northvolt, the former anticipated leader in European battery cell production, Swedish commercial ...

The spectacular fall of battery maker Northvolt led to fears over several Swedish green industry projects, but startup ...

Northvolt invested about $750mn to establish its R&D facility in 2021. Scania has already agreed to buy Northvolt’s industrial battery business for an undisclosed sum as part of a broad restructuring ...

The bankruptcy of Northvolt has not deterred the Stegra company from pursuing its green steel project in northern Sweden ...

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

Swedish start-up Northvolt opened its flagship production plant here in 2022, after signing multi-billion euro contracts with carmakers including BMV, Volkswagen and Nordic truck manufacturer Scania.

Sweden has put forward a proposal to extend the three-month deadline for work permit holders who lose their jobs to six ...

This week, the Northvolt unit managing the expansion of its main battery-cell factory in northern Sweden filed for bankruptcy, saddling suppliers with about 606 million Swedish kronor ($58.3 ...

EV battery firm Northvolt has outlined a review of operations in Sweden which will result in the loss of 1,600 jobs. The move comes amid slowing sales of battery electric vehicles (BEVs ...

Sweden's Northvolt on Wednesday said the head of its main plant, Europe's first homegrown gigafactory for lithium-ion battery cells, will step down with immediate effect. It comes shortly after ...

Sweden’s Northvolt AB will shed 20% of its global workforce and pause its expansion plans to slow cash outflows as the battery-making firm confronts a burgeoning financial squeeze. The company ...

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 ...