STOCKHOLM, March 21 (Reuters) - Northvolt's bankruptcy trustee said on Friday it had made "significant" progress in negotiating the continuation of operation of the electric vehicle battery maker ...

A part of Northvolt's German division has applied for restructuring, a spokesperson for the insolvent Swedish battery cell maker said on Friday, confirming a report in weekly magazine Der Spiegel.

Northvolt has been looking for money since mid-last year and filed for Chapter 11 in the U.S. in November with $5.84 billion in debt in one of the largest bankruptcies of 2024.

Northvolt Ett Expansion was created to manage the buildout of a gigafactory in northern Sweden, but that project was shelved as part of a cost-saving plan By Dominic Chopping ...

Embattled green tech player Northvolt has missed some in-house targets and has curtailed production at its battery cells plant in northern Sweden, according to internal company documents and ...

Northvolt fought to avoid bankruptcy by laying off 1,600 employees in September and selling assets in November from its acquisition of Cuberg. The company was reportedly burning through $100 ...

Among Northvolt’s owners, top shareholder Volkswagen AG hasn’t said whether it will invest more. BMW AG canceled a contract with Northvolt this year and has ruled out pitching in more funds.

Northvolt’s hydroelectricity-powered gigafactory should avoid almost all that CO 2. But another 30% of the battery’s greenhouse gas burden comes from the mining, refining, and transportation ...

As a result, Northvolt states that it intends to leverage Cuberg’s lithium metal cell technology with its own battery manufacturing expertise in order to deliver energy solutions to electric planes.