Europe's battery tech sector faces a new choice: collaborate with China's industry giants or focus on the next frontier.
Swedish automotive company Volvo Cars Corp. notified Northvolt AB, a partner in the NOVO Energy joint venture, of its intention to use the pre-emptive share repurchase right to acquire full control ...
When it comes to electric vehicle batteries, the outlook is especially bleak. Sweden’s Northvolt AB was long seen as a real contender to the Chinese companies that make most of the world’s EV ...
Northvolt sells stake in battery unit to Volvo, to explore North American deals Swedish electric-vehicle battery maker Northvolt agreed with Volvo Cars on Wednesday to sell its stake in their ...
Northvolt, once touted as Europe's best bet to challenge Asia's grip on the EV battery market, has filed for bankruptcy in Sweden after failing to secure fresh funding. A court-appointed trustee will ...
Struggling electric vehicle battery manufacturer Northvolt on Wednesday said it has filed for bankruptcy in Sweden. The firm said it that it submitted the insolvency filing after an "exhaustive ...
BRUSSELS — Swedish battery-maker Northvolt filed for bankruptcy in Sweden on Wednesday, marking the final unraveling of a company once seen as Europe’s standard bearer for the sector.
STOCKHOLM (Reuters) -Scania said on Monday it had secured a new supply of battery cells in addition to its deal with Northvolt, as the Swedish truckmaker warned it will miss its 2025 targets to ...
Northvolt, once seen as Europe’s best hope for a strong battery industry, has filed for bankruptcy in Sweden. The company, which aimed to create the “world’s greenest battery,” struggled ...
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.