One of the people said the writedowns would have no impact on Volkswagen's annual results, pointing to the fact that writedowns on the carmaker's Northvolt stake had already been made prior to the ...

Last week’s bankruptcy filing by once-exulted Swedish battery developer Northvolt starkly revealed how slower demand for electric vehicles is rippling through European industry. But while ...

CATL (Contemporary Amperex Technology Co. Ltd.) is the world leader in batteries for electric vehicles. Swedish company Northvolt is reportedly in talks with several Chinese battery manufacturers ...

Electric vehicle battery maker Northvolt recently filed for bankruptcy protection in the United States. Obviously, this made a lot of waves in Quebec, where the company is to build a plant backed ...

A Class 1,000 cleanroom means that you would find fewer than 1,000 particles greater than 0.5 micrometer in size per square foot. A class 10,000 clean room would have fewer than 10,000 particles ...

FEW European startups have attracted as much attention—and none as much capital—as Northvolt. On November 21st the Swedish maker of batteries for electric vehicles (EVs), and a would-be ...

Its managers were so eager to expand that they neglected the basics. Now Northvolt may be broken up for parts and pounced on by rivals, including Chinese ones. Its failure holds lessons.

Embattled electric-vehicle battery maker Northvolt AB hired financial adviser Houlihan Lokey Inc. to help it raise funds to turn its business around, according to people with knowledge of the matter.

While the company has succeeded in producing early stage components, the bankruptcy of much-larger peer Northvolt last week has muddied the outlook for European battery makers in the face of ...

The collapse of Swedish battery maker, Northvolt AB, has potentially left a 300million euro (£250million) hole in its budget and may have scuppered the European Union’s ambitions for electric ...

The deal comes in the same week that sources insist the Volkswagen Group has heavily written down its 21% stake in the troubled Northvolt, which entered Chapter 11 bankruptcy proceedings this week.