(Bloomberg) -- When Northvolt AB’s clean-energy star was on the rise, Sweden’s political class took every opportunity to bask in its glow. Prime Minister Ulf Kristersson called the battery-making ...

Swedish electric vehicle battery manufacturing Northvolt has filed for Chapter 11 bankruptcy protection in the United States but will continue operations throughout the process. The company has ...

[Stay on top of transportation news: Get TTNews in your inbox.] Sweden’s Northvolt AB will shed 20% of its global workforce and pause its expansion plans to slow cash outflows as the battery-making ...

(Bloomberg) -- The Swedish government maintained that it has no plans to rescue ailing battery-cell maker Northvolt AB, instead pinning its hopes on a rescue package funded by shareholders. Time is ...

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 ...

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 the ...

STOCKHOLM (Reuters) -The Swedish government does not plan to take a stake in lithium-ion battery maker Northvolt, Deputy Prime Minister Ebba Busch told Reuters on Tuesday as the company continues to ...

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.

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. The company, which ...

Battery maker Northvolt on Monday announced plans to cut a total of 1,600 jobs in Sweden as part of a major cost-cutting drive. In an update published via its website, Northvolt said that following ...