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

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

In a moment of shifting power dynamics, Europe’s battery ambitions buckle with Northvolt’s collapse, deepening reliance on Asian suppliers as CATL eyes its Swedish factory. Meanwhile, France’s nuclear ...

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 ...

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 ...

Sweden badly needs to attract more highly-qualified immigrants ‒ and it needs to make it more attractive to stay. If the ...

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

Still, tariffs still have the potential to hurt Canada. According to Karwel, Canadian-made cars may only make up 8% of the U.S. market (not counting any supplier-related parts in other vehicles), and ...

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 ...

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 ...