"This was a decision we did not take lightly" and it was the only "realistic path forward," Northvolt Chairman Tom Johnstone told a press conference, saying every avenue had been pursued to avoid ...

STOCKHOLM—Truck maker Scania agreed to buy Northvolt’s heavy industry business, as the battery maker continues to work through a restructuring process. “This acquisition will provide access ...

Sweden's Northvolt has agreed to divest its Systems Industrial division, a key developer and manufacturer of battery systems for heavy industry sectors. Northvolt’s Systems Industrial division ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Northvolt has agreed to sell its industrial battery unit to Swedish truckmaker Scania, as Europe’s ...

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 ...

Northvolt is seeking to restructure its business. Photo: Henrik Montgomery/TT Sweden's troubled battery maker Northvolt has asked for an extension in its Chapter 11 process in the United States.

In just over a month, battery manufacturer Northvolt's company has made multi-billion-kronor losses, according to Sveriges Radio Ekot. The enormous losses in such a short time are, according to ...

Svenska batteritillverkaren Northvolt har fått godkännande från en domstol i Texas att fortsätta köpa minst 250 ton per månad av så kallat cathode active material (CAM), en avgörande komponent för ...

Enligt handlingar som lämnats in till domstolen i Texas, där Northvolt har beviljats konkursskydd genom ett så kallat Chapter 11-förfarande, fortsätter bolaget att blöda pengar. I Northvolt ...

Enligt handlingar som lämnats in till domstolen i Texas, där Northvolt har beviljats konkursskydd genom ett så kallat Chapter 11-förfarande, fortsätter bolaget att blöda pengar. I Northvolt AB var ...

Northvolt’s Systems Industrial division is engaged in providing battery modules and systems for various industries. Credit: Northvolt AB. Sweden’s Northvolt has agreed to divest its Systems ...

Batteritillverkaren Northvolt har gjorde mångmiljardförlust i december, rapporterar Di och SR Ekot. Enligt handlingar som lämnats in till domstolen i Texas, där Northvolt har beviljats ...