Battery manufacturer Northvolt nears end

Northvolt declares bankruptcy in Sweden, raising questions about future of massive Quebec battery plant
Northvolt has declared bankruptcy in Sweden, but says its North American operations are solvent. The company is building a large battery factory on Montreal's South Shore.
Battery manufacturer Northvolt nears the end as it files for bankruptcy in Sweden
Northvolt’s fortunes took a more decisive turn when BMW canceled a $2 billion contract in June 2024. The battery manufacturer had been unable to deliver on time. To conserve cash, it laid off 1,600 employees and sold the assets of its Cuberg division, a Bay Area solid-state battery startup it acquired in 2021.
Northvolt bankruptcy puts future of German battery factory in doubt
The future of battery manufacturer Northvolt's planned factory in northern Germany has been cast into doubt after the Swedish company filed for bankruptcy on Wednesday. Operations for Northvolt's German subsidiary are to continue,
Swedish battery maker Northvolt files for bankruptcy as cash runs out
Northvolt, the Swedish battery cell maker for electric vehicles, said on Wednesday it had filed for bankruptcy in Sweden, one of the country's largest and ending Europe's best hope of developing a rival to major Asian EV battery players.
Battery maker Northvolt files for bankruptcy in Sweden
STOCKHOLM - Swedish electric car battery maker Northvolt has filed for bankruptcy in Sweden after failing to secure financing to enable it to continue operations, the struggling company said Wednesday.
Swedish Battery Maker Northvolt Files For Bankruptcy in Sweden
Rising capital costs, lower demand and the disruptive impact of geopolitical instability on supply chains all weighed heavily on the battery maker.
Northvolt close to filing for bankruptcy in Sweden, newspaper DN reports
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. Northvolt sought U.S. Chapter 11 bankruptcy protection in November last year as its cash pile dwindled,
Ailing Swedish EV battery firm Northvolt files for bankruptcy
Northvolt said it submitted the bankruptcy filing after an "exhaustive effort to explore all available means to secure a viable financial and operational future for the company." Struggling electric vehicle battery manufacturer Northvolt on Wednesday said it has filed for bankruptcy in Sweden.
Sweden’s Northvolt files for bankruptcy in blow to Europe’s battery sector
Battery maker Northvolt has filed for bankruptcy in Sweden, dealing a blow to Europe’s battery manufacturing capabilities. The firm said that it had made an “exhaustive effort…to secure a viable financial and operational future for the company”,
Scania committed to buying Northvolt's battery pack business despite bankruptcy
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Northvolt Hits End of Line After Failing to Reach Rescue Deal
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Europe's biggest battery hope Northvolt files for bankruptcy
By Marie Mannes STOCKHOLM (Reuters) -Battery cell maker Northvolt has filed for bankruptcy in Sweden, the company said on ...
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Shockwaves in Sweden: Northvolt Bankruptcy Reshapes Skelleftea's Industrial Landscape
The bankruptcy of Northvolt, a leading battery cell maker, impacts Sweden's Skelleftea. Known for its role in the green boom, ...
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KEY FACTS: What we know so far about the Northvolt bankruptcy
The gateway to the Northvolt factory on the day it was declared bankrupt. Photo: Jonas Westling/TT Battery maker ...
Swedish Battery Maker Northvolt Files for Bankruptcy
STOCKHOLM (Reuters) - Northvolt, the Swedish maker of battery cells for electric vehicles, said on Wednesday it has filed for ...
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Expert: How Northvolt’s bankruptcy is handled – what happens now
What happens to the battery factory now that the bankruptcy is a reality? And what does it mean for the employees?Norran put ...