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

Northvolt CEO Peter Carlsson, who co-founded and led the company since its inception in 2016 ... "Despite near-term ...

Northvolt enters Chapter 11 reorganization to secure $145 million cash collateral and $100 million financing. Operations in ...

For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse ...

Northvolt, a major Swedish battery maker, filed for bankruptcy in the U.S., seeking to restructure the debt it had taken on ...

The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles.

In a statement published Thursday, Northvolt said the company would continue as normal during the restructuring ... "Despite ...

Analysts at Rho Motion pared back their predictions for EV sales by a quarter, to 8.3m by 2030. In Europe, home to ...

Swedish battery manufacturer Northvolt has filed for bankruptcy, dashing Europeans' hopes for local battery production and ...

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

In a huge blow to Europe's plan to set up its own battery industry to power electric cars, Peter Carlsson resigned as CEO of ...

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