The group 'watered' by European institutions and several governments declares bankruptcy with a debt of 8 billion. The ...

The search for a new owner for the troubled $7-billion manufacturing facility south of Montreal is underway, said the federal ...

Canada’s federal government has started an urgent search to find a buyer for Northvolt’s giant battery factory in Quebec, after its Swedish parent company on Wednesday filed for bankruptcy.

This move comes amid geopolitical instability, rising capital costs, supply chain disruptions, and shifts in market demand.

Still, according to European Commission figures, European factories as a whole are operating at less than 80% capacity. And while unemployment stood at a record low in January, more workers may soon ...

Swedish electric vehicle (EV) battery maker Northvolt, once hailed as Europe’s trailblazer in the mission to break Asia’s dominance in sustainable battery p ...

It's unclear whether Northvolt North America's electric vehicle battery plant project in Quebec will proceed after its parent ...

Northvolt has announced more bad news. The parent company Northvolt AB and several subsidiaries have filed for bankruptcy in Sweden, despite the ongoing ...

Northvolt AB has filed for bankruptcy in Sweden. What will happen to Northvolt North America's massive EV battery plant project in Canada?

Following an exhaustive effort to explore all available means to secure a viable financial and operational future for the ...

Northvolt, the Swedish electric vehicle (EV) battery startup once seen as Europe’s leading hope in the industry, has filed ...

After filing for Chapter 11 in the US in November, Northvolt — which worked with Volkswagen, Volvo, Audi, Porsche, and BMW — has now filed for bankruptcy in Sweden. The company was founded by two ...