Truckmaker Scania is willing to go ahead with purchasing the only profitable business of bankrupt battery maker Northvolt for ...

Scania plans to acquire the profitable arm of bankrupt Northvolt for $6 million. Despite an alternative higher bid, Northvolt opted for Scania's offer due to urgent cash needs. The acquisition ...

Truckmaker Scania still intends to buy Northvolt's battery pack business despite the Swedish battery maker having declared bankruptcy on Wednesday, a Scania spokesperson told Reuters on Wednesday.

Battery maker Northvolt has filed for bankruptcy in Sweden, following failed talks with investors over a potential rescue ...

Battery maker Northvolt filed for bankruptcy on March 12th after months of financial struggle. How will employees be affected ...

Battery cell maker Northvolt has filed for bankruptcy in Sweden, the company said on Wednesday, marking one of the country's ...

Sweden’s Northvolt has filed for bankruptcy. It marks the end of Europe’s best hope for competing with car batteries from Asia. Northvolt was once considered Europe’s best funded start-up, but it’s ...

The Swedish battery company boasted $US10 billion in funding and was set to challenge China’s EV battery dominance. Instead, it has collapsed.

On Tuesday evening, reports spread quickly that battery manufacturer Northvolt may be nearing bankruptcy, with Dagens Nyheter ...

VW’s deal with Northvolt included millions in cash that went toward the new battery maker’s expansion and the ultimate goal ...

Northvolt has announced more bad news. The parent company Northvolt AB and several subsidiaries have filed for bankruptcy in Sweden, despite the ongoing ...

US airlines are grappling with a challenging start to 2025, as guidance downgrades and policy uncertainty weigh on investor sentiment, according to Bernstein.