Northvolt files for bankruptcy in the US in major blow to European hopes to have a homegrown battery maker that can compete ...

In a huge blow to Europe’s plan to set up its own battery industry to power electric cars, Peter Carlsson resigned as CEO of ...

Swedish electric vehicle (EV) battery developer and manufacturer Northvolt has collapsed into administration, with at least ...

The financial collapse of Swedish electric battery maker Northvolt dealt a blow to Europe's plan to set up its own industry ...

The Swedish company, whose motto is "make oil history", has received more than $10 billion in equity, debt and public ...

Sweden’s Northvolt was once a darling of the battery industry and Europe’s best hope for competing with China’s dominant ...

Funds managed by Goldman Sachs will write off nearly $900 million after Swedish lithium-ion battery producer Northvolt filed ...

Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...

Subdued car sales and intense competition have hit earnings at carmakers. Northvolt CEO Peter Carlsson Steps Down The Swedish battery maker said Carlsson will become a senior adviser as the company ...

Economists have sounded the alarm over a UK recession after data showed Britain’s economy was reeling from the effects of ...

The battery maker’s troubles continue to mount after expansion setbacks, as automakers scramble for supplies. Here’s how this ...