Northvolt was one of the world’s most valuable battery startups. Now it has run out of charge. Over the past week, the Swedish company filed for bankruptcy in the U.S. and said its co-founder ...

Swedish-based Northvolt, which was seen as one of Europe’s best shots at fighting off China’s electric vehicle battery ...

Europe’s auto layoffs and Northvolt’s failure are warnings to the U.S. The domestic auto industry last week sent a letter to ...

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

Swedish battery firm Northvolt filed for U.S. Chapter 11 bankruptcy protection Thursday, with CEO Peter Carlsson stepping ...

According to a statement, Northvolt said that its main factory will maintain business as usual during the reorganization, as the company now has a buffer from creditors, giving it time to ...

Northvolt acquired the current factory in 2021 as part of its purchase of American Cuberg. Following the closure of a Cuberg-related research and development center in the US last fall and the ...

In September, Northvolt announced plans to pause its production of cathode materials — one of the basic building blocks of a battery — at a factory in Skelleftea, Sweden. Two planned factories ...

Volvo Car AB is taking over a joint venture with financially struggling Northvolt AB to build a factory on Sweden’s west coast, underscoring the major challenges of scaling battery production in ...

Sweden’s Northvolt AB hired restructuring expert Paul O’Donnell to oversee its main factory unit, as time runs short for the struggling battery maker to mend its finances outside of bankruptcy ...