Northvolt's US unit files for Chapter 11 bankruptcy protection as CEO Peter Carlsson, who has led the startup since 2016, ...

The filing includes several key entities ... trustee in consultation with the company's lenders. Northvolt expressed disappointment in the bankruptcy outcome and pledged to work closely with ...

Struggling electric vehicle battery manufacturer Northvolt on Wednesday said it has filed for bankruptcy in Sweden. The firm said it that it submitted the insolvency filing after an "exhaustive ...

Bankrupt battery maker Northvolt AB will continue to operate ... a series of operational blunders that forced it to file for bankruptcy protection in the U.S. That legal process provided Northvolt ...

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

El Salvador's Bukele says he will not return man the US mistakenly deported El Salvador President Nayib Bukele said at the White House on Monday he had no plans to return a man mistakenly deported ...

March 12, 2025 Europe's would-be battery champion Northvolt files for bankruptcy The move is one of Sweden's largest corporate failures and effectively ends Europe's best hope of developing a ...

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 ...