On Tuesday evening, reports spread quickly that battery manufacturer Northvolt may be nearing bankruptcy, with Dagens Nyheter ...

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 ...

Patriotism never justifies risking Canadians’ pensions on anything but what the people in charge think is the best return, ...

Rising capital costs, lower demand and the disruptive impact of geopolitical instability on supply chains all weighed heavily ...

Europe’s ambition to lead the world in green industries was always going to be a stretch given China’s head-start in many low ...

Swedish automotive company Volvo Cars Corp. notified Northvolt AB, a partner in the NOVO Energy joint venture, of its intention to use the pre-emptive share repurchase right to acquire full control ...

Late last month, Northvolt reached a deal handing its joint venture partner Volvo Cars full ownership of Novo Energy to build a battery factory in Gothenburg. The two businesses also signed a fram ...

The sale of the business unit, known as Northvolt Systems Industrial, follows divestments to Norsk Hydro and Volvo Cars as the group seeks to offload projects and divisions to cut costs and focus ...

The sale of Northvolt Systems Industrial follows similar divestments to companies such as Norsk Hydro and Volvo Cars, as Northvolt aims to reduce costs and focus on its battery plant in northern ...

The sale of the business unit, known as Northvolt Systems Industrial, follows divestments to Norsk Hydro and Volvo Cars as the group seeks to offload projects and divisions to cut costs and focus on ...

STOCKHOLM—Truck maker Scania agreed to buy Northvolt’s heavy industry business, as the battery maker continues to work through a restructuring process. “This acquisition will provide access ...