The writedown reflects the challenges faced by Northvolt, including missed production targets and a slower-than-expected ...

Green industrial policy is failing in Europe, a warning to the next Trump Administration.

Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...

The Swedish battery maker filed for bankruptcy last week, dashing ambitions for the European electric vehicles sector – and ...

Volkswage has significantly written down its 21% stake in Northvolt that filed for bankruptcy protection in the U.S. last ...

Volkswagen , Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker ...

Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a ...

Swedish battery maker Northvolt filed for Chapter 11 bankruptcy protection in the U.S., delivering a blow to Europe’s ...

Northvolt has just $30 million in cash and $5.84 billion in debt, but says it can emerge from restructuring in Q1 2025 ...

The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles.

Volvo Car AB is taking over a joint venture with financially struggling Northvolt AB to build a ... of scaling battery production in the electric vehicle market. In a surprise move, the carmaker ...