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 AB today announced that it has filed for bankruptcy in Sweden. It says Northvolt North America is solvent, but what will happen to its massive EV battery plant project in Canada?

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 ...

But securing funds proved too difficult. On Wednesday, Northvolt said in a statement that a court-appointed Swedish trustee would take over the process of selling off its business and assets.

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

The end of Northvolt’s only active cell production line in Sweden has cast doubts on the future of its battery factory under construction in northern Germany.

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 ...

Northvolt Bankruptcy Strikes Blow to Sweden's Northern Boom Town STOCKHOLM (Reuters) - The bankruptcy of battery cell maker Northvolt, once the leader of Sweden's green industrial boom ...

For Sanna Naz and Azeem Yasin Khan, highly-educated Pakistani parents, Skellefteå became their chosen home, a safe place for ...

To all those who work at Northvolt, we have great understanding for the turbulence and anxiety that prevails on a day like this, says minister of labour and integration, Mats Persson. – It's a tough ...

STOCKHOLM–Swedish battery maker Northvolt filed for bankruptcy in Sweden after it failed to secure the financial backing needed to continue operating. A Swedish court-appointed trustee will now ...