This move comes amid geopolitical instability, rising capital costs, supply chain disruptions, and shifts in market demand.

The fate of Northvolt North America's electric vehicle battery plant project in Quebec's Monteregie region is up in the air ...

After BMW nixed its battery supply deal with the Swedish battery maker that once aimed to rival firms from China and Korea, a ...

BRUSSELS — Swedish battery-maker Northvolt filed for bankruptcy in Sweden on Wednesday, marking the final unraveling of a ...

Northvolt's Swedish company was declared bankrupt.The scale of the bankruptcy is enormous – it is the largest in modern ...

Industry executives criticise ‘strategic failure’ by Swedish government and Brussels for allowing start-up to fail ...

Swedish battery maker Northvolt – backed by several major institutional investors – has filed for bankruptcy in its home ...

Northvolt, founded in 2016, had been struggling under a mountain of debt, slow demand, and production delays, leading to the bankruptcy.

US imposes sanctions on Foxtrot Network, 18-year-old sentenced for draft-dodging, and other news from Sweden on Thursday.

Northvolt North America says it remains solvent and intends to honour its obligations, including toward its employees.

Canada’s federal government has started an urgent search to find a buyer for Northvolt’s giant battery factory in Quebec, after its Swedish parent company on Wednesday filed for bankruptcy.

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 ...