Volkswagen bet big on European-made batteries a few years ago with two massive investments in Northvolt, the Swedish manufacturer. Now the automaker’s €1.4 billion stake is worth less than ...

The company ran into big problems with production at a time when demand for EVs slumped. In a huge blow to Europe’s plan to set up its own battery industry to power electric cars, Peter Carlsson ...

Swedish electric vehicle (EV) battery developer and manufacturer Northvolt has collapsed into administration, with at least $1bn of investment needed for a rescue deal. Northvolt filed for Chapter 11 ...

Beleaguered Swedish battery manufacturer Northvolt announced on Thursday that it was filing for bankruptcy in the U.S., striking a blow to Europe’s ambitions for homegrown lithium-ion batteries.

Portable power banks that charge your phone are popular, but wireless battery packs using Apple’s magnetic MagSafe technology offer a simpler and smarter cable-free solution for iPhone 12 ...

In a huge blow to Europe's plan to set up its own battery industry to power electric cars, Peter Carlsson resigned as CEO of battery-maker Northvolt on Friday morning, shortly after the company filed ...

Previously, he was a reporter for the Financial Times. The collapse of battery startup Northvolt AB is a significant blow to Europe’s clean tech ambitions, but it’s important the continent ...

Rose Morrison is a freelance writer with a passion for sustainable building and innovative construction technologies. She comes from a family of contractors who have helped instill her love of ...

With only $30 million — one week’s cash — left in its accounts, Sweden’s onetime battery wonder Northvolt filed for bankruptcy protection in the US. It’s a rough wake-up call for Europe ...

Northvolt, a major Swedish battery maker, filed for bankruptcy in the U.S., seeking to restructure the debt it had taken on to pay for its rapid expansion. Stockholm-based Northvolt said it had ...

Swedish electric vehicle battery manufacturer Northvolt is fighting for its survival as Canadian taxpayer money and pension fund investments hang in the balance. Reuters reported that the company ...

The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles. By Jack Ewing and Melissa Eddy Jack Ewing reported from New York and Melissa Eddy ...