German carmaker BMW cancelled a $2 billion order in June of last year as the battery maker failed to deliver on a long-term supply contract for battery cells signed in 2020. Former Northvolt CEO ...

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 ...

The decision by Swedish electric vehicle battery startup Northvolt to file for bankruptcy marks the end of a company that once had promised so much for Europe and the region’s attempts to challenge ...

Battery maker Northvolt filed for bankruptcy in Sweden Wednesday, citing “compounding challenges,” including rising costs, geopolitical instability, and shifting demand. It had already filed ...

STOCKHOLM–Swedish battery maker Northvolt filed for bankruptcy in Sweden after it failed to secure the financial backing needed to continue operating. A Swedish court-appointed trustee will now ...

Swedish electric car battery maker Northvolt has filed for bankruptcy in Sweden, dealing a blow to European efforts to challenge Asia's dominance in the key sector. Founded in 2016, Northvolt has ...

Northvolt, the battery cell maker for electric vehicles, said today it had filed for bankruptcy in Sweden, one of the country's largest, effectively ending Europe's best hope of developing a rival ...