Shares of industrial and transportation companies were flat as traders weighed the implications of inflation data and tariff threats.

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 ...

Northvolt’s fortunes took a more decisive turn when BMW canceled a $2 billion contract in June 2024. The battery manufacturer ...

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 ...

Northvolt's bankruptcy deals a serious blow to Skelleftea, Sweden, disrupting its economic revival. As the town's largest ...

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 ...

Once seen as the "future of Europe's battery production," struggling EV battery maker Northvolt said it has filed for bankruptcy in Sweden, Bloomberg reports.