Northvolt’s fortunes took a more decisive turn when BMW canceled a $2 billion contract in June 2024. The battery manufacturer ...

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

Northvolt, the Swedish battery cell maker for electric vehicles, said on Wednesday it had filed for bankruptcy in Sweden, one ...

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 ...

Rising capital costs, lower demand and the disruptive impact of geopolitical instability on supply chains all weighed heavily ...

The company and its assets will be sold after it filed for bankruptcy in Sweden, sinking Europe’s best hope for competing ...

Northvolt's bankruptcy marks the end of a company that once had promised so much for Europe's battery industry.

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

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

Northvolt, a Swedish-based battery maker, filed for bankruptcy in its home country as rising debts defeated one of Europe’s ...

By Marie Mannes and Alessandro Parodi STOCKHOLM (Reuters) -Truckmaker Scania is willing to go ahead with purchasing the only ...

Truckmaker Scania still intends to buy Northvolt's battery pack business despite the Swedish battery maker having declared ...