Many former Northvolt employees are still waiting for their April salary.The situation is starting to feel “desperate,” ...

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 ...

Automakers and dealers that are in states adopting California’s Advanced Clean Cars II rule – which sets ambitious, annually escalating ZEV sales mandates and threatens stiff penalties for ...

[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 ...

A Swedish court-appointed trustee will oversee the bankruptcy process, including the sale of the business and its assets.

Credit: Scania. Scania, the truck manufacturing subsidiary of Volkswagen, has agreed to acquire Industrial Division of Northvolt Systems to strengthen its off-road electrification capabilities.

COPENHAGEN (Reuters) -A co-founder of struggling Swedish battery maker Northvolt is willing to inject 100 million crowns ($9.50 million) in the group and may be joined by pension funds AMF and AP ...

Northvolt, a key player in Europe’s electric vehicle (EV) battery sector, is undergoing significant restructuring to navigate a challenging economic landscape. The Stockholm-based company, known ...

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 ...

Northvolt and Volvo Cars formed Novo Energy in 2021 to build a dedicated battery factory in Gothenburg on Sweden's west coast. The joint venture already in January began cost-cutting measures ...

Ex-Northvolters face financial difficulties as April salaries remain unpaid, with trustee administrative errors compounding ...