(Bloomberg) -- When Northvolt AB’s clean-energy star was on the rise, Sweden’s political class took every opportunity to bask in its glow. Prime Minister Ulf Kristersson called the battery-making ...

STOCKHOLM (Reuters) - Northvolt, the Swedish maker of battery cells for electric vehicles, may be close to filing for bankruptcy in Sweden, Swedish newspaper Dagens Nyheter (DN) reported on Tuesday.

Sweden's Northvolt on Wednesday said the head of its main plant, Europe's first homegrown gigafactory for lithium-ion battery cells, will step down with immediate effect. It comes shortly after the ...

BMW canceled a $2 billion battery order with Northvolt in June. The firm has just $30 million in available cash, enough to last one week. Northvolt’s CEO said it needs over $900 million to secure its ...

Swedish electric car battery maker Northvolt has filed for bankruptcy in Sweden, dealing a blow to European efforts to challenge Asia's dominance in the key sector. Founded in 2016, Northvolt has ...

Company to focus on core battery business at Sweden plant Possible layoffs planned German, Canadian, south Sweden plants could face delay Global EV growth slower than expected STOCKHOLM, Sept 9 ...

OSLO, Sept 16 (Reuters) - The Swedish state will not take a stake in battery maker Northvolt and the company's future must be determined by its private owners, Prime Minister Ulf Kristersson told a ...

EV battery firm Northvolt has outlined a review of operations in Sweden which will result in the loss of 1,600 jobs. The move comes amid slowing sales of battery electric vehicles (BEVs) in Europe.

[Stay on top of transportation news: Get TTNews in your inbox.] Sweden’s Northvolt AB will shed 20% of its global workforce and pause its expansion plans to slow cash outflows as the battery-making ...