Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
Sweden’s Northvolt was once a darling of the battery industry and Europe’s best hope for competing with China’s dominant ...
German Economy Minister Robert Habeck expressed cautious optimism about the future of financially troubled Swedish electric ...
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...
This move is part of a strategic effort to restructure debt, scale operations and secure a sustainable foundation for ...
Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a ...
Back in September Northvolt significantly scaled back its expansion plans and suspended cathode active material production at ...
The Swedish EV battery manufacturer, Northvolt AB, and certain of its subsidiaries voluntarily filed for Chapter 11 ...
The chief executive of Northvolt stepped down on Friday, shortly after the Swedish battery maker filed for Chapter 11 ...
Northvolt has just $30 million in cash and $5.84 billion in debt, but says it can emerge from restructuring in Q1 2025 ...
Northvolt, Europe’s EV battery leader, files for Chapter 11, seeking $245M to restructure and sustain its Swedish gigafactory ...
Stockholm-based Northvolt, a lithium-ion battery manufacturer, and certain of its subsidiaries have voluntarily filed for Chapter 11 reorganisation in the US.