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

Russian President Vladimir Putin announced Thursday that Moscow has tested a new intermediate-range missile in a strike on ...

This past week has seen the most significant escalation in hostilities that Ukraine has witnessed since Russia's full-scale ...

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.

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 court.

With regard to the planned Northvolt factory near the German town of Heide, Habeck said that things would continue there for the time being. "If the parent company reorganizes itself 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 ...

An EV made by Volkswagen outside the Northvolt factory in Skelleftea, Sweden. Bloomberg The losses mark a sharp contrast to a bullish prediction just seven months ago by one of the Goldman funds ...

“We backed several loans of the European Investment Bank to Northvolt battery factory,” European Commission spokesperson Veerle Nuyts told reporters on Monday, adding that the EU’s exposure ...