Northvolt's $15 billion collapse shook the cleantech industry. Its bankruptcy highlights risks in ambitious electric vehicle battery production. Redwood Materials is taking a different approach ...

The company incurred a loss of 13 million kronor following Northvolt’s bankruptcy and now has numerous vacant rooms available for rent. Only a few hundred of the 1,200 rooms are currently occupied.

Swedish truck maker Scania acquired Northvolt’s heavy industry business after reaching an agreement with the company’s bankruptcy trustee. A deal had been struck to buy the business earlier ...

Swedish automotive company Volvo Cars Corp. notified Northvolt AB, a partner in the NOVO Energy joint venture, of its intention to use the pre-emptive share repurchase right to acquire full control ...

The collapse of battery maker Northvolt AB helped drive the number of bankruptcies in Sweden to the highest level for the month of March since 1994. A total of 923 limited liability companies went ...

Northvolt filed for bankruptcy last month after burning through $15 billion. The Swedish EV battery maker was considered Europe's best hope for a homegrown battery manufacturer. Europe's battery ...

Now we know. Following Northvolt's bankruptcy, the factory will lose more than half its workforce. What was once Sweden's great green industrial hope now faces potential collapse. For Skellefteå, ...

(Bloomberg) -- Bankrupt battery maker Northvolt AB will continue to operate in Sweden with a staff of 1,700 while its remaining employees will be laid off. “Despite significant reductions ...

STOCKHOLM, April 11 (Reuters) - Volkswagen's (VOWG.DE), opens new tab truckmaker Scania said on Friday it had agreed to buy bankrupt Northvolt's division that makes battery packs for heavy ...

STOCKHOLM: Northvolt has held talks with a big industrial company on selling the business that makes electric battery packs for heavy industry, as a lack of funds forces it to try to divest one of ...