Investment Management Corporation of Ontario has written down its $400 million investment in Northvolt. It is the latest ...

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. Karen Chang — ...

Volvo 'will pay Northvolt almost nothing,' not 'will not pay Northvolt,' in the headline and paragraph 1, and to say ...

Paolo Cerruti is stepping down as CEO of Northvolt North America, but will retain another vital role in the company. The North American subsidiary of the ...

Map show original expansion plan with colored dots: red for non-operational plants (Drei, Six), green for operational (Ett), yellow for no longer Northvolt-financed (Hydrovolt, NOVO), and blue for ...

Sweden’s state-owned pension investors, collectively known as the AP Funds, have fully written down their entire investment in bankrupt battery maker Northvolt AB. The funds had invested 5.8 ...

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. The carmaker said in October it would ...

Sweden’s state-owned pension investors, collectively known as the AP Funds, have fully written down their entire investment in bankrupt battery maker Northvolt AB.

U.S. Bankruptcy Judge Alfredo Perez on Tuesday approved Northvolt's sale of its stake in battery recycler Hydrovolt to Norwegian aluminium maker Norsk Hydro for 78 million Norwegian crowns ($6.79 ...

Cerruti will retain his role as chairman of the board of the Canadian entity, the statement said, adding that he will remain involved in the ongoing development of Northvolt Six. This comes after ...

Northvolt had ceased funding for most of its joint ventures and non-core businesses, including Novo, throughout 2024 to ...

(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.