Following the report, however, several auto parts suppliers with huge debt obligations suffered from rising interest rates ...

Northvolt, a major Swedish battery maker ... delivering to customers and paying key vendors during its restructuring in chapter 11. Scania, a Swedish manufacturer of trucks and buses, will ...

Swedish truck maker Scania acquired Northvolt’s heavy industry business ... this year as the battery maker worked through a Chapter 11 bankruptcy protection process to restructure its debt.

After Northvolt's bankruptcy, Novo Energy, co-owned by Volvo Cars, is cutting 50% of its workforce to reduce costs. Despite ...

[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 ...

During the chapter 11 proceedings last November, it was reported by SVT that Northvolt owed Skellefteå Kraft 61 million kronor. However, Nordin states that those debts have since been settled. – I’m ...

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 ...

The Northvolt Ett factory in Skellefteå photographed in November 2024. Photo: Judit Nilsson/SVD/TT "The whole lot of them have chosen to go," an official at the registration office told the ...

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 ...

March 11, 2025 Northvolt close to filing for bankruptcy in Sweden, newspaper DN reports Northvolt, the Swedish maker of battery cells for electric vehicles, may be close to filing for bankruptcy ...

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 ...