Soon after that, VW’s truck unit Scania complained after Northvolt had trouble ramping up production volumes, and then BMW ...

Northvolt AB has filed for bankruptcy protection in the United States, but said the move will not jeopardize the manufacturer ...

The chair of the United States House intelligence committee says Canada needs to accelerate its defence spending targets, ...

European markets are expected to open higher on Friday. The U.K.'s FTSE 100 index is expected to open 33 points higher at ...

German Economy Minister Robert Habeck expressed cautious optimism about the future of financially troubled Swedish electric ...

Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...

Northvolt, once Europe's beacon for electric vehicle batteries, filed for U.S. Chapter 11 bankruptcy protection. CEO Peter Carlsson resigned amid production woes and financial instability. The firm's ...

This move is part of a strategic effort to restructure debt, scale operations and secure a sustainable foundation for ...

Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a ...

The chief executive of Northvolt stepped down on Friday, shortly after the Swedish battery maker filed for Chapter 11 ...

Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...

Northvolt has just $30 million in cash and $5.84 billion in debt, but says it can emerge from restructuring in Q1 2025 ...