Northvolt, the Swedish maker of battery cells for electric vehicles, said on Thursday it has filed for Chapter 11 bankruptcy ...

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

Northvolt has just $30 million in cash and $5.84 billion in debt, but says it can emerge from restructuring in Q1 2025 ...

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.

Swedish electric vehicle (EV) battery manufacturer Northvolt has filed for Chapter 11 bankruptcy protection in the US.

The CEO of Northvolt, Peter Carlsson, today resigned amongst ongoing fallout from the Swedish EV battery maker’s U.S. Chapter ...

said on Thursday that it was loaning $100 million to Northvolt to support the manufacturing of electric vehicle battery cells in Skelleftea, northern Sweden. "This decisive step will allow ...

He isn't the only one to lose his job (and actually he will remain on the board and take on a role as senior advisor), the ...

In October, it was revealed that Volvo Cars planned to buy out Northvolt from the jointly-owned gigafactory in Sweden operated by Novo Energy, a joint venture between Northvolt and Volvo.

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