Porsche wanted to present the successor to the 718 Boxster and Cayman with electric drive at the end of this year, but there ...

Swedish battery maker Northvolt – backed by several major institutional investors – has filed for bankruptcy in its home ...

This move comes amid geopolitical instability, rising capital costs, supply chain disruptions, and shifts in market demand.

BRUSSELS — Swedish battery-maker Northvolt filed for bankruptcy in Sweden on Wednesday, marking the final unraveling of a ...

Northvolt, founded in 2016, had been struggling under a mountain of debt, slow demand, and production delays, leading to the bankruptcy.

In a moment of shifting power dynamics, Europe’s battery ambitions buckle with Northvolt’s collapse, deepening reliance on Asian suppliers as CATL eyes its Swedish factory. Meanwhile, France’s nuclear ...

US imposes sanctions on Foxtrot Network, 18-year-old sentenced for draft-dodging, and other news from Sweden on Thursday.

Industry executives criticise ‘strategic failure’ by Swedish government and Brussels for allowing start-up to fail ...

Elon Musk’s efficiency drive failed to prevent US federal spending rising to a record $603bn in February, European battery maker Northvolt has filed for bankruptcy in Sweden, and US inflation fell to ...

Swedish electric vehicle (EV) battery maker Northvolt, once hailed as Europe’s trailblazer in the mission to break Asia’s dominance in sustainable battery p ...

Northvolt has declared bankruptcy in Sweden, but says its North American operations are solvent. The company is building a ...

It’s unclear whether the plans for the massive electric vehicle battery plant on Montreal's South Shore will go ahead. The Quebec government has invested $270 million into the project so far.