Soon after that, VW’s truck unit Scania complained after Northvolt had trouble ramping up production volumes, and then BMW ...
Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a ...
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
Northvolt, a major Swedish battery maker, filed for bankruptcy in the U.S., seeking to restructure the debt it had taken on ...
Northvolt, the Swedish maker of battery cells for electric vehicles, said on Thursday it has filed for Chapter 11 bankruptcy ...
Based in Stockholm, Sweden, Northvolt has long been regarded as Europe's best hope of building a homegrown electric-vehicle ...
Northvolt has just $30 million in cash and $5.84 billion in debt, but says it can emerge from restructuring in Q1 2025 ...
Sweden's Northvolt, previously Europe's promising electric-vehicle battery producer, seeks U.S. Chapter 11 bankruptcy ...
This move is part of a strategic effort to restructure debt, scale operations and secure a sustainable foundation for ...
The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles.
German Economy Minister Robert Habeck expressed cautious optimism about the future of financially troubled Swedish electric ...
Northvolt AB said its chief executive officer, Peter Carlsson, is stepping down as the Swedish battery maker embarks on a restructuring under bankruptcy court protection.