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

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

Northvolt CEO Peter Carlsson, who co-founded and led the company since its inception in 2016 ... "Despite near-term ...

Northvolt scrambled to keep the financing flowing, but as Germany’s car industry fell deeper into its own crisis, it became ...

Swedish battery maker Northvolt filed for Chapter 11 bankruptcy protection in the U.S., delivering a blow to Europe’s ...

Northvolt, a major Swedish battery maker, filed for bankruptcy in the U.S., seeking to restructure the debt it had taken on ...

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

Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a ...

Analysts at Rho Motion pared back their predictions for EV sales by a quarter, to 8.3m by 2030. In Europe, home to ...

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

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 ...

The chief executive of Northvolt stepped down on Friday, shortly after the Swedish battery maker filed for Chapter 11 ...