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 ...

Northvolt's $15 billion collapse shook the cleantech industry. Its bankruptcy highlights risks in ambitious electric vehicle battery production. Redwood Materials is taking a different approach ...

Over the past few years, electric vehicle (EV) manufacturing facilities producing lithium batteries and EV car parts were ...

STOCKHOLM (Reuters) - Volkswagen's truckmaker Scania said on Friday it had agreed to buy bankrupt Northvolt's division that makes battery packs for heavy industry, reviving a transaction first ...

Northvolt’s bankruptcy trustee said on Monday it had reached an agreement in principle with key stakeholders in the electric vehicle battery maker for financial guarantees allowing the company ...

Now we know. Following Northvolt's bankruptcy, the factory will lose more than half its workforce. What was once Sweden's great green industrial hope now faces potential collapse. For Skellefteå, ...

(Bloomberg) -- Bankrupt battery maker Northvolt AB will continue to operate in Sweden with a staff of 1,700 while its remaining employees will be laid off. “Despite significant reductions ...