Northvolt, a Swedish-based lithium-ion battery manufacturer backed by Volkswagen Group and others, has filed for bankruptcy protection in the United States. The company was hailed as one of Europe's ...

Northvolt was Europeans' best hope of having their own EV battery gigafactory, but it failed due to production problems and lack of funding. The Swedish company filed for US Chapter 11 bankruptcy ...

German Economy Minister Katherina Reiche is reportedly accelerating Lyten’s takeover of the remaining Northvolt project in ...

Northvolt announced that the commissioning of the Northvolt Ett gigafactory in Skellefteå, northern Sweden led to the assembly of the very first battery cell on December 28, 2021. Not bad, considering ...

Company filed for bankruptcy in November Northvolt needs $1.29 billion until 2027, sources say Slightly above the $1-$1.2 bln range given before Asian partner likely ...

Europe’s leading battery maker, Northvolt, has signed a $5 billion non-recourse project financing arrangement to enable the expansion of Northvolt Ett in northern Sweden. The deal represents the ...

The chief executive of Northvolt stepped down on Friday, shortly after the Swedish battery maker filed for Chapter 11 bankruptcy protection in the U.S. Peter Carlsson, who co-founded Northvolt and led ...

STOCKHOLM - Battery maker Northvolt said on Tuesday it has raised $1.1 billion in convertible notes from a group of investors ...

Swedish lithium-ion battery producer Northvolt has raised an additional $5 billion, firmly locking in its position as one of Europe’s best-funded startups and recipient of the largest-ever green loan ...

(Bloomberg) -- Northvolt AB’s tribulations are causing headaches far beyond its home base of Sweden, as taxpayer-supported EV battery projects face delays stretching from Germany to Canada. A €5 ...

Swedish battery manufacturer Northvolt is exploring the possibility of developing batteries that utilize carbon contained in locally sourced wood, to help lower their environmental impact and cost.

“Here?” my taxi driver asks. We’ve stopped at the edge of a drab industrial park in Sweden, and he’s skeptical that we’re in the right place. He has a point—it seems like an unlikely location for the ...