Founded in 2016 by two former Tesla executives, Northvolt managed to win the backing of major financiers and customers, ...

Yet analysts believe that if Europe backs off in the battery race now, it risks being even more behind China than it already ...

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

This Battery Startup Raised $15 Billion. Then It Went Bust. Sweden's Northvolt was once a darling of the battery industry and Europe's best hope for competing with China's dominant battery makers.

Sweden’s Northvolt was once a darling of the battery industry and Europe’s best hope for competing with China’s dominant ...

Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...

Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a ...

Back in September Northvolt significantly scaled back its expansion plans and suspended cathode active material production at ...

The Swedish EV battery manufacturer, Northvolt AB, and certain of its subsidiaries voluntarily filed for Chapter 11 ...

The chief executive of Northvolt stepped down on Friday, shortly after the Swedish battery maker filed for Chapter 11 ...

Swedish electric vehicle (EV) battery manufacturer Northvolt has filed for Chapter 11 bankruptcy protection in the US.

Northvolt has just $30 million in cash and $5.84 billion in debt, but says it can emerge from restructuring in Q1 2025 ...