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

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 ...

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

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The Ontario Municipal Employees Retirement System booked a loss on its $325 million investment in Northvolt AB, the Swedish electric vehicle battery maker that filed for bankruptcy protection last ...

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Northvolt dedicates its main operations in northern Sweden after selling various non-core business assets including sales to Norsk Hydro and Volvo Cars in order to generate financial stability.

Northvolt spokesman Erik Zsiga told AFP the company had requested an extension, but still aimed "to finalise the Chapter 11 process in the first quarter." "But we also need to act to have ...

Northvolt is seeking to restructure its business. Photo: Henrik Montgomery/TT Sweden's troubled battery maker Northvolt has asked for an extension in its Chapter 11 process in the United States.

Northvolt Systems Industrial was founded by Northvolt in 2018 and currently employs around 300 people at a prototype facility for battery systems in Stockholm and at the production facility in Gdansk.