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A Swedish court-appointed trustee will oversee the bankruptcy process, including the sale of the business and its assets.
Northvolt's $15 billion collapse shook the cleantech industry. Its bankruptcy highlights risks in ambitious electric vehicle battery production ... batteries into black mass (a powder rich ...
Beleaguered Swedish battery manufacturer Northvolt announced on Thursday that it was filing for bankruptcy in the U.S., striking a blow to Europe’s ambitions for homegrown lithium-ion batteries.
[Stay on top of transportation news: Get TTNews in your inbox.] Bankrupt battery maker Northvolt AB will continue to operate in Sweden with a staff of 1,700 while its remaining employees will be ...
Novo Energy, a Volvo Cars venture, plans a 50% workforce reduction post evaluation, due to Northvolt's bankruptcy. Despite ...
Northvolt, once seen as Europe’s best hope for a strong battery industry, has filed for bankruptcy in Sweden. The company, which aimed to create the “world’s greenest battery,” struggled ...
Volkswagen's Scania buys bankrupt Northvolt's heavy industry battery packs unit Volkswagen's truckmaker Scania said on Friday it had agreed to buy bankrupt Northvolt's division that makes battery ...
Following Northvolt’s bankruptcy and the uncertainty surrounding Novo’s factory in Gothenburg, some now hope that Skaraborg will become the true launchpad for Sweden’s battery production. However, ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. European battery companies are scaling back their ambitions and striking deals with Asian competitors after ...
STOCKHOLM, April 11 (Reuters) - Volkswagen's (VOWG.DE), opens new tab truckmaker Scania said on Friday it had agreed to buy bankrupt Northvolt's division that makes battery packs for heavy ...