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.

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

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

The Swedish battery developer and manufacturer, Northvolt, has filed for bankruptcy in the US, as the company struggles with mounting debt, after it was unable to secure rescue funding and was left ...

Northvolt, an electric vehicle battery-maker based in Stockholm, Sweden, has filed for US Chapter 11 bankruptcy protection.

Following battery start-up Northvolt’s US bankruptcy filing (under Chapter 11 for reorganisation) the company announced that ...

Northvolt, Europe’s EV battery leader, files for Chapter 11, seeking $245M to restructure and sustain its Swedish gigafactory ...

The company’s flagship battery gigafactory, Northvolt Ett, is located in Skellefteå, Sweden. The move comes as the battery maker struggled to secure rescue funding, resulting in the company h ...

The group in 2017 announces plans to build $4 billion lithium-ion battery gigafactory Northvolt Ett and research facility Northvolt Labs. It partners with BMW and truck maker Scania. It says in ...

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 ...

Northvolt, the Swedish battery maker once hailed as a cornerstone of Europe’s electric vehicle (EV) battery production, has ...

In October 2024, Northvolt revealed that its Swedish subsidiary, Northvolt Ett Expansion AB, had filed for bankruptcy to reduce costs and scale back its plans for expanding battery manufacturing ...