Bankrupt battery maker Northvolt will stop production at its last remaining factory in northern Sweden at the end of June if it fails to find a buyer before then.

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Northvolt AB filed for bankruptcy in Sweden, bringing to an end a company that was once seen as the future of Europe’s battery production.

The future of battery manufacturer Northvolt's planned factory in northern Germany has been cast into doubt after the Swedish company filed for bankruptcy on Wednesday. Operations for Northvolt's ...

The company and its assets will be sold after it filed for bankruptcy in Sweden, sinking Europe’s best hope for competing against Asian rivals.

STOCKHOLM (Reuters) - Northvolt, the Swedish maker of battery cells for electric vehicles, may be close to filing for bankruptcy in Sweden, Swedish newspaper Dagens Nyheter (DN) reported on Tuesday.

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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 ...

Northvolt’s bankruptcy is part of an industry-wide reassessment of the demand for electric vehicle batteries. Companies like BASF and Umicore have pulled back on battery materials investments.

For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse started in June when BMW AG canceled a multi-billion-dollar order.

Northvolt's US unit files for Chapter 11 bankruptcy protection as CEO Peter Carlsson, who has led the startup since 2016, leaves post in what has become a crisis for the European battery industry.