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 — ...

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 ...

He will remain involved in the ongoing development of Northvolt Six, the company said.

On Tuesday, a U.S. Bankruptcy judge approved Northvolt's sale of its stake in battery recycler Hydrovolt to Norwegian aluminium maker Norsk Hydro, for 78 million Norwegian crowns ($6.79 million). It ...

Volvo Cars will pay Northvolt almost nothing for its 50% stake in their battery venture Novo Energy that it had agreed to ...

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 ...

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 ...

(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.