GM has signed on as a customer, pledging $19 billion. Northvolt, a Swedish producer of lithium-ion batteries, announced in late September 2023 plans to open its first gigafactory in North America.

(Reuters) -Northvolt's co-founder Paolo Cerruti will step down from his role as chief executive officer of its North American division, the Swedish electric-vehicle battery maker said on Thursday.

(Reuters) – Northvolt’s co-founder Paolo Cerruti will step down from his role as chief executive officer of its North American division, the Swedish electric-vehicle battery maker said on Thursday.

Volvo Cars and Northvolt, which is under bankruptcy protection, formed the joint venture in 2021 to build a battery factory in Gothenburg on Sweden's west coast.

STOCKHOLM/BERLIN/FRANKFURT :Northvolt asked more than 100 shareholders at a meeting this month to provide $1.29 billion over the next two years to help restore the bankrupt Swedish battery maker's ...

STOCKHOLM (Reuters) -Swedish electric-vehicle battery maker Northvolt agreed with Volvo Cars on Wednesday to sell its stake in their joint battery venture Novo Energy for an undisclosed sum and ...

Truckmaker Scania has stepped in to help Northvolt with the day-to-day running of its flagship plant in northern Sweden, a last-ditch effort to boost quality and output at the struggling electric ...

Company filed for bankruptcy in November Northvolt needs $1.29 billion until 2027, sources say Slightly above the $1-$1.2 bln range given before Asian partner likely needed to rescue company ...

Northvolt asked more than 100 shareholders at a meeting this month to provide $1.29-billion over the next two years to help restore the bankrupt Swedish battery maker’s business, two sources ...

KANSAS CITY, Mo. - The differences are so subtle between the Buffalo Bills and Kansas City Chiefs, and while it might not feel that way right now for Bills, they really are. It’s simply not ...