Northvolt's $15 billion collapse shook the cleantech industry. Its bankruptcy highlights risks in ambitious electric vehicle battery production. Redwood Materials is taking a different approach ...

(Bloomberg) -- Bankrupt battery maker Northvolt AB will continue to operate in Sweden with a staff of 1,700 while its remaining employees will be laid off. “Despite significant reductions ...

STOCKHOLM (Reuters) - Volkswagen's truckmaker Scania said on Friday it had agreed to buy bankrupt Northvolt's division that makes battery packs for heavy industry, reviving a transaction first ...

Swedish truck maker Scania acquired Northvolt’s heavy industry business after reaching an agreement with the company’s bankruptcy trustee. A deal had been struck to buy the business earlier ...

The collapse of battery maker Northvolt AB helped drive the number of bankruptcies in Sweden to the highest level for the month of March since 1994. A total of 923 limited liability companies went ...

Now we know. Following Northvolt's bankruptcy, the factory will lose more than half its workforce. What was once Sweden's great green industrial hope now faces potential collapse. For Skellefteå, ...

Northvolt filed for bankruptcy last month after burning through $15 billion. The Swedish EV battery maker was considered Europe's best hope for a homegrown battery manufacturer. Europe's battery ...

STOCKHOLM: Northvolt has held talks with a big industrial company on selling the business that makes electric battery packs for heavy industry, as a lack of funds forces it to try to divest one of ...

‘We have a completely wrong policy framework in Europe that doesn’t help companies like Northvolt,’ says Julia Poliscanova of advocacy group Transport & Environment General consensus is that ...

Northvolt’s bankruptcy trustee said on Monday it had reached an agreement in principle with key stakeholders in the electric vehicle battery maker for financial guarantees allowing the company ...

From Tuesday to Friday this week, former Northvolt employees received assistance and support at The Great Northern. Skellefteå municipality organised these information days in collaboration with other ...