The recent bankruptcy of the battery maker Northvolt is rattling companies counting on the Swedish firm as a customer or supplier. Some companies that were planning facilities to supply Northvolt ...

Battery maker Northvolt AB called a shareholder meeting Wednesday, according to people familiar with the matter, as talks to raise a targeted $300 million in emergency funding reached a critical ...

STOCKHOLM (Reuters) - Northvolt has held talks with a big industrial company on selling the business that makes electric battery packs for heavy industry, as a lack of funds forces it to try to ...

Peter Carlsson, the co-founder and former chief executive of Northvolt, supposedly joked once about what would happen if the one-time great European hope for the battery industry ran into trouble.

[Stay on top of transportation news: Get TTNews in your inbox.] Northvolt AB is scrambling to pull together emergency funding after a previous plan fell apart, according to people familiar with ...

Germany will assume more than 600 million euros ($629 million) of debt that its development bank extended to Northvolt AB for the construction of a battery plant in the country. The federal ...

Volkswagen bet big on European-made batteries a few years ago with two massive investments in Northvolt, the Swedish manufacturer. Now the automaker’s €1.4 billion stake is worth less than ...

Northvolt’s bankruptcy could disrupt electric vehicle timelines, including models from Audi and Porsche. A report suggests the upcoming Porsche 718 EV could be delayed by battery issues and/or a ...

You’ve reached your account maximum for followed topics. In 2020, ambitious Swedish battery company Northvolt wanted to become Europe’s largest manufacturer of battery cells. Today ...

Crunch Time The coming days have been described as crucial for Northvolt, with some investors hoping for a last-minute intervention from Volkswagen, the people said. The German automaker ...