Northvolt, a Swedish-based lithium-ion battery manufacturer backed by Volkswagen Group and others, has filed for bankruptcy protection in the United States. The company was hailed as one of Europe's ...

German Economy Minister Katherina Reiche is reportedly accelerating Lyten’s takeover of the remaining Northvolt project in ...

Northvolt was Europeans' best hope of having their own EV battery gigafactory, but it failed due to production problems and lack of funding. The Swedish company filed for US Chapter 11 bankruptcy ...

Company filed for bankruptcy in November Northvolt needs $1.29 billion until 2027, sources say Slightly above the $1-$1.2 bln range given before Asian partner likely ...

Northvolt announced that the commissioning of the Northvolt Ett gigafactory in Skellefteå, northern Sweden led to the assembly of the very first battery cell on December 28, 2021. Not bad, considering ...

(Bloomberg) -- Northvolt AB’s tribulations are causing headaches far beyond its home base of Sweden, as taxpayer-supported EV battery projects face delays stretching from Germany to Canada. A €5 ...

The chief executive of Northvolt stepped down on Friday, shortly after the Swedish battery maker filed for Chapter 11 bankruptcy protection in the U.S. Peter Carlsson, who co-founded Northvolt and led ...

Add Yahoo as a preferred source to see more of our stories on Google. Christine Fréchette, Quebec's economy minister, says the biggest risk is the $170 million Quebec invested in the Swedish company. ...

Northvolt needs to sell business before year-end, memo says Will also wind down energy storage systems business Company aims to cut costs, shrinking business Filed for US Chapter 11 protection last ...

Swedish lithium-ion battery producer Northvolt has raised an additional $5 billion, firmly locking in its position as one of Europe’s best-funded startups and recipient of the largest-ever green loan ...

“Here?” my taxi driver asks. We’ve stopped at the edge of a drab industrial park in Sweden, and he’s skeptical that we’re in the right place. He has a point—it seems like an unlikely location for the ...

Northvolt, a battery startup founded by two former Tesla executives, announced a $1 billion equity capital raise for its battery gigafactory in Sweden, in addition to a planned 50/50 joint venture ...