Northvolt, the Swedish maker of battery cells for electric vehicles, said on Thursday it has filed for Chapter 11 bankruptcy ...

The Swedish government does not plan to take a stake in battery maker Northvolt, Sweden's Minister for Energy, Business and ...

Northvolt has appointed restructuring expert Paul O'Donnell to oversee the lithium-ion battery maker's main facility in ...

This move is part of a strategic effort to restructure debt, scale operations and secure a sustainable foundation for ...

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

He isn't the only one to lose his job (and actually he will remain on the board and take on a role as senior advisor), the ...

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

The CEO of Northvolt, Peter Carlsson, today resigned amongst ongoing fallout from the Swedish EV battery maker’s U.S. Chapter ...

Sweden’s Northvolt AB hired restructuring expert Paul O’Donnell to oversee its main factory unit, as time runs short for the ...

STOCKHOLM — Sweden's financially-strained electric car battery maker Northvolt announced recently the resignation of its CEO Peter Carlsson, hours after the company sought bankruptcy protection in the ...

said on Thursday that it was loaning $100 million to Northvolt to support the manufacturing of electric vehicle battery cells in Skelleftea, northern Sweden. "This decisive step will allow ...