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.

(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 ...

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.

STOCKHOLM (Reuters) - The bankruptcy of battery cell maker Northvolt, once the leader of Sweden's green industrial boom, is a huge blow to the country's north and particularly the small town of ...

Northvolt AB has filed for bankruptcy in Sweden. What will happen to Northvolt North America's massive EV battery plant project in Canada?

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

In Skellefteå, Sweden, the development of Northvolt Ett expansion project will be suspended. The construction project was intended to provide an additional 30 GWh of annual cell manufacturing ...

Northvolt has filed for bankruptcy in Sweden. This story will be updated throughout the day.

Sweden’s Northvolt Files For Bankruptcy After Canceled Battery Orders Northvolt has just $30 million in cash and $5.84 billion in debt, but says it can emerge from restructuring in Q1 2025 ...

Financial problems at battery maker Northvolt have shaken hopes for Sweden's green industry sector.

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.