I t was supposed to be a battery pioneer, a symbol of European competitiveness and an example of industrial policy done right ...

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

Northvolt AB declared bankruptcy last week, leaving EU taxpayers potentially holding the bag for a staggering €293 million.

Northvolt number one and number two shareholders, namely Volkswagen and Goldman Sachs, will write down their stake in the ...

Funds managed by Goldman Sachs will write off almost $900mn after Swedish battery maker Northvolt filed for Chapter 11 bankruptcy this week. Goldman’s private equity funds have at least $896mn in ...

Ailing battery manufacturer Northvolt has appointed restructuring expert Paul O'Donnell as head of the Northvolt Ett factory.

Northvolt’s chief executive has resigned a day after Europe’s big battery hope filed for bankruptcy in the US. Peter Carlsson took responsibility for the dramatic collapse during a town-hall meeting ...

The Swedish battery maker filed for bankruptcy last week, dashing ambitions for the European electric vehicles sector – and ...

Sweden's Northvolt said on Thursday it will seek U.S. Chapter 11 bankruptcy protection as the cash-strapped battery start-up seeks to sort out its finances.

Northvolt AB filed for bankruptcy protection in the US after failing to secure a lifeline for its battery-cell business in a ...

The US bank is the second-largest shareholder in Swedish battery maker Northvolt which has filed for Chapter 11 bankruptcy.