Sweden’s Northvolt AB will shed 20% of its global workforce and pause its expansion plans to slow cash outflows as the battery-making firm confronts a burgeoning financial squeeze.

Northvolt, the Swedish maker of battery cells for electric vehicles, said on Thursday it has filed for Chapter 11 bankruptcy protection in the U.S., dealing a blow to Europe's hopes that its most ...

WARSAW (Reuters) -Silicon Valley startup Lyten will take full ownership of Northvolt Dwa ESS, Europe’s largest energy storage ...

Northvolt said that following initial steps taken as part of a strategic review, the company had revised its scope of operations in Sweden "to ensure that its resources are focused on accelerating ...

This week, the Northvolt unit managing the expansion of its main battery-cell factory in northern Sweden filed for bankruptcy, saddling suppliers with about 606 million Swedish kronor ($58.3 ...

USS Mount Whitney arrives in Stockholm, Indian buyer reportedly interested in Northvolt factory, and Sweden lists the elk as ...

Spurred by Sweden's green boom, described locally as the "Northvolt-effect", Skelleftea grew and invested more per capita than any other municipality in Sweden in 2022, building homes and schools ...

Sweden's Northvolt on Wednesday said the head of its main plant, Europe's first homegrown gigafactory for lithium-ion battery cells, will step down with immediate effect. It comes shortly after ...

Sweden's Northvolt on Wednesday said the head of its main plant, Europe's first homegrown gigafactory for lithium-ion battery cells, will step down with immediate effect. It comes shortly after ...

Sweden's Northvolt on Wednesday said the head of its main plant, Europe's first homegrown gigafactory for lithium-ion battery cells, will step down with immediate effect. It comes shortly after ...