Northvolt, the maker of battery cells for electric vehicles, announced on Wednesday that it has filed for bankruptcy in ...

Battery maker Northvolt has filed for bankruptcy in Sweden, dealing a blow to Europe’s battery manufacturing capabilities.

Northvolt sought U.S. Chapter 11 bankruptcy protection last November as its cash pile dwindled, in a bid to secure funds to fix persistent problems in boosting output at its flagship plant in ...

Zara owner Inditex on Wednesday posted a rise in fourth-quarter sales that met expectations but pointed to a slowdown in ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Northvolt has agreed to sell its industrial battery unit to Swedish truckmaker Scania, as Europe’s ...

Northvolt said the sale of the unit, which employs around 300 people, is subject to regulatory clearances and the execution of binding agreements. Sweden's Northvolt has agreed to sell a business ...

Renault Group will cut 300 jobs at a van factory in northern France, the carmaker said on Tuesday, responding to slowing ...

Northvolt’s Systems Industrial division is engaged in providing battery modules and systems for various industries. Credit: Northvolt AB. Sweden’s Northvolt has agreed to divest its Systems ...

STOCKHOLM (Reuters) - Sweden's Northvolt has agreed to sell a business that makes electric battery packs for heavy industry, one of its few profitable units, to its customer and partner Scania, the ...

Sweden's Northvolt has agreed to divest its Systems Industrial division, a key developer and manufacturer of battery systems for heavy industry sectors. Northvolt’s Systems Industrial division ...