Northvolt's Swedish company was declared bankrupt.The scale of the bankruptcy is enormous – it is the largest in modern ...

This move comes amid geopolitical instability, rising capital costs, supply chain disruptions, and shifts in market demand.

In a big blow to the volatile and cutthroat electric vehicle industry, Swedish EV battery manufacturer Northvolt will be ...

Northvolt has announced more bad news. The parent company Northvolt AB and several subsidiaries have filed for bankruptcy in Sweden, despite the ongoing ...

Following an exhaustive effort to explore all available means to secure a viable financial and operational future for the ...

I don’t know all the details of how Northvolt ended up here, but one thing is clear: you can’t build this industry without burning a lot of money for a long time. And this failure sends a terrible ...

On Tuesday evening, reports spread quickly that battery manufacturer Northvolt may be nearing bankruptcy, with Dagens Nyheter ...

STOCKHOLM (Reuters) - The bankruptcy of battery cell maker Northvolt, once the leader of Sweden's green industrial boom, is a ...

The company and its assets will be sold after it filed for bankruptcy in Sweden, sinking Europe’s best hope for competing ...

Unable to arrest the slide in its finances, Northvolt sought bankruptcy protection in the U.S. a bid to raise new financing. However, failure to reach a deal forced it to file for insolvency ...

HELSINKI, March 12 (Xinhua) -- Swedish battery manufacturer Northvolt has filed for bankruptcy in Sweden, the company announced on Wednesday, citing financial difficulties.

EV battery maker Northvolt has filed for bankruptcy in Sweden after making an “exhaustive effort” to secure a viable future.