This move comes amid geopolitical instability, rising capital costs, supply chain disruptions, and shifts in market demand.

Northvolt has declared bankruptcy in Sweden, but says its North American operations are solvent. The company is building a ...

After BMW nixed its battery supply deal with the Swedish battery maker that once aimed to rival firms from China and Korea, a ...

Northvolt's Swedish company was declared bankrupt.The scale of the bankruptcy is enormous – it is the largest in modern ...

BRUSSELS — Swedish battery-maker Northvolt filed for bankruptcy in Sweden on Wednesday, marking the final unraveling of a ...

Elon Musk’s efficiency drive failed to prevent US federal spending rising to a record $603bn in February, European battery maker Northvolt has filed for bankruptcy in Sweden, and US inflation fell to ...

Industry executives criticise ‘strategic failure’ by Swedish government and Brussels for allowing start-up to fail ...

Swedish battery maker Northvolt – backed by several major institutional investors – has filed for bankruptcy in its home ...

Northvolt North America says it remains solvent and intends to honour its obligations, including toward its employees.

Canada’s federal government has started an urgent search to find a buyer for Northvolt’s giant battery factory in Quebec, after its Swedish parent company on Wednesday filed for bankruptcy.

The search for a new owner for the troubled $7-billion manufacturing facility south of Montreal is underway, said the federal ...

Northvolt, founded in 2016, had been struggling under a mountain of debt, slow demand, and production delays, leading to the bankruptcy.