An EV-battery maker that raised $15 billion from investors including Goldman Sachs filed for bankruptcy protection after almost running out of cash
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...
Northvolt crisis may be make or break for Europe's EV battery ambitions
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
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Sweden's Northvolt appoints restructuring expert to oversee main facility -report
COPENHAGEN (Reuters) - Northvolt has appointed restructuring expert Paul O'Donnell to oversee the lithium-ion battery maker's main facility in northern Sweden, Bloomberg News reported on Wednesday.
Sweden has no plan to take stake in Northvolt, deputy PM says
STOCKHOLM (Reuters) - The Swedish government does not plan to take a stake in battery maker Northvolt, Sweden's Minister for Energy, Business and Industry and Deputy Prime Minister Ebba Busch told ...