Northvolt declared bankruptcy in Sweden on March 12. Its North American subsidiary remains active, but its future now rests in the hands of the trustee appointed by a Swedish court to oversee the ...

The $270 million invested by Quebec in Northvolt’s parent company in Sweden is now worthless, confirmed the provincial government. CTV News App Contact Us FAQ Newsletters Team Twitter feed ...

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 ...

(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 ...

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 ...