Swedish battery manufacturer Northvolt last week filed for bankruptcy, one day after Ford announced 4,000 job cuts in Europe ...
Northvolt, a Swedish maker of lithium-ion batteries that once was valued by venture capitalists at nearly $12 billion, has ...
The CEO of Northvolt, Peter Carlsson, today resigned amongst ongoing fallout from the Swedish EV battery maker’s U.S. Chapter ...
Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a ...
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...
Northvolt said the reorganization would help it access approximately ... The Stockholm-based business has long been regarded ...
Northvolt, the Swedish maker of battery cells for electric vehicles, said on Thursday it has filed for Chapter 11 bankruptcy ...
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
This move is part of a strategic effort to restructure debt, scale operations and secure a sustainable foundation for ...
Northvolt has just $30 million in cash and $5.84 billion in debt, but says it can emerge from restructuring in Q1 2025 ...
Northvolt, Europe’s EV battery leader, files for Chapter 11, seeking $245M to restructure and sustain its Swedish gigafactory ...
Green industrial policy is failing in Europe, a warning to the next Trump Administration.