Northvolt was presented as the ultimate European batteries in the face of China. Splash! The Swedish company is facing major financial difficulties. Jobs will be lost.

It was Europe's flagship battery production. At least, it wanted to be. The Swedish company Northvolt was placed under ...

Fears of non-compliance with financial obligations reached such a dimension that on 11 October 2024 Northvolt was forced to ...

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

Cayman and Boxster► Delays, development and moving goalposts► Launch could be either end of 2025, or early 2026 Porsche R&D boss Michael Steiner should have known better. Once bitten, twice shy. It’s ...

Battery factories are popping up across North America. Here's where they are and how the Inflation Reduction Act influenced ...

⚡ VEIR, a Woburn, MA-based superconductors electricity transmission manufacturer, raised $75m in Series B funding from Munich ...

Northvolt asks shareholders for $1.3 bln for next two years, sources say BMW expects its fourth-quarter pre-tax earnings to be significantly below last year and its full-year margin to be in the ...

This is a summary of a request from the Official Committee of Unsecured Creditors of Northvolt to hire Akin Gump Strauss Hauer & Feld as counsel, filed Jan. 13 with the U.S. Bankruptcy Court in ...

Cerruti will retain his role as chairman of the board of the Canadian entity, the statement said, adding that "Paolo will continue to support the growth and success of Northvolt North America from ...

Cerruti’s resignation as CEO will result in several other, but according to the company, temporary changes to the Northvolt North America leadership team. Karen Chang will assume the role of CEO of ...

The report examines how different scenarios regarding Northvolt's future could impact Skellefteå and Västerbotten. These scenarios include a successful restructuring, Northvolt declaring bankruptcy ...