(Bloomberg) -- The crisis at Swedish battery maker Northvolt AB contributed to an historically high rate of bankruptcies last month, when the company’s main expansion project in Skelleftea went ...

Northvolt’s Skelleftea project insolvency links to record 821 bankruptcies in Sweden. Denmark’s ATP pension fund cuts value due to Northvolt’s financial troubles. Northvolt is close to ...

Hydro says Northvolt no longer financing Hydrovolt JV Hydro's stake in Hydrovolt now at 62%, up from 50% Hydrovolt recycles batteries STOCKHOLM, Oct 31 (Reuters) - Norway's Hydro (NHY.OL), opens ...

Volvo Cars is seeking to take over Northvolt's stake in their Swedish battery-making joint venture NOVO but will need a new partner to keep plans for a gigafactory on track, the Chinese-owned ...

Volvo Cars, the Chinese-owned automaker, has announced that it is seeking to take over Northvolt's stake in their Swedish battery-making joint venture NOVO. The move comes as Northvolt, once hailed as ...

Volvo Cars will exercise its right to acquire Northvolt's shares in their battery joint venture, NOVO Energy, after Northvolt failed to meet financial obligations. While assessing how this impacts ...

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

Read: BMW Cancels €2 Billion Battery Deal With Northvolt Due To Delays The move kills off two planned plants in Germany—a module and pack assembly facility in Saarland and a cell manufacturing ...

Volvo to acquire Northvolt's shares in battery JV Northvolt says it will stop funding the venture Northvolt is currently seeking funding for itself STOCKHOLM, Oct 30 (Reuters) - Volvo Cars ...

Volvo informed Northvolt on Thursday that it will exercise its buy-back right to acquire Northvolt’s shares in Novo Energy. Volvo Cars announced this in a short statement. “This action follows a ...