Northvolt, a major Swedish battery maker ... delivering to customers and paying key vendors during its restructuring in chapter 11. Scania, a Swedish manufacturer of trucks and buses, will ...

Swedish electric car battery maker Northvolt has filed for bankruptcy in Sweden ... The battery maker said in its US Chapter 11 bankruptcy filings that it owed $5.8 billion.

Struggling electric vehicle battery manufacturer Northvolt on Wednesday said it ... to continue its operations amid an ongoing Chapter 11 restructuring process in the United States, which it ...

Though the Swedish startup has raised more than $14 billion, it has been running short on cash recently. Northvolt filed for Chapter 11 bankruptcy in the U.S. in November. Since then, it's been racing ...

Battery maker Northvolt has filed for bankruptcy in Sweden ... to take the total amount invested to between $10bn and $15bn (£11.6bn) - but since the end of 2024 they have been seeking an ...

Swedish truck maker Scania acquired Northvolt’s heavy industry business ... this year as the battery maker worked through a Chapter 11 bankruptcy protection process to restructure its debt.

STOCKHOLM: Northvolt has held talks with a big ... Last month, Europe’s biggest hope for an EV battery champion filed for US Chapter 11 protection after talks to raise additional cash from ...

It had already filed last year for Chapter 11 bankruptcy in the US. Northvolt’s demise deals a major blow to Europe’s ability to compete with China in the electric vehicle market.

Northvolt applied for Chapter 11 bankruptcy protection in the United States in late November to enable it to restructure its debt and reorganise its business. The battery maker said in US filings ...

STOCKHOLM–Swedish battery maker Northvolt filed for bankruptcy in Sweden after it failed to secure the financial backing needed to continue operating. A Swedish court-appointed trustee will now ...