Rio Tinto (RIO) and Edify Energy have signed two new solar and battery hybrid services agreements to increase the supply of reliable, ...

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

Following an exhaustive effort to explore all available means to secure a viable financial and operational future for the ...

I don’t know all the details of how Northvolt ended up here, but one thing is clear: you can’t build this industry without burning a lot of money for a long time. And this failure sends a terrible ...

After filing for Chapter 11 in the US in November, Northvolt — which worked with Volkswagen, Volvo, Audi, Porsche, and BMW — has now filed for bankruptcy in Sweden. The company was founded by two ...

By Marie Mannes and Alessandro Parodi STOCKHOLM (Reuters) -Truckmaker Scania is willing to go ahead with purchasing the only ...

Northvolt, a leading battery cell maker, has filed for bankruptcy in Sweden, putting 5,000 jobs at risk and marking a major ...

VW’s deal with Northvolt included millions in cash that went toward the new battery maker’s expansion and the ultimate goal ...

Battery cell maker Northvolt has filed for bankruptcy in Sweden, the company said on Wednesday, marking one of the country's ...

The company and its assets will be sold after it filed for bankruptcy in Sweden, sinking Europe’s best hope for competing ...

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 ...