Lenders to Northvolt AB have selected investment bank PJT Partners to help advise on options as a cash crunch deepens at the ...

Volvo is seeking the equivalent of $1.2 billion from the Swedish government to help fund the electric vehicle battery plant ...

Northvolt is shrinking its operations and cutting jobs, sparking fears that Europe's best shot at a home-grown electric ...

Swedish State Declines Stake in Northvolt Amid Cutbacks Sweden will not invest in battery maker Northvolt despite the company ...

Sweden has no plans to rescue financially-strained electric car battery maker Northvolt, hit by slumping EV sales in Europe and stiff Chinese competition, Prime Minister Ulf Kristersson said Monday.

Scania owner Traton is committed to using Sweden's Northvolt as the truckmaker's single battery supplier despite recent ...

The Swedish state will not take a stake in Northvolt, a leading battery maker, as confirmed by Prime Minister Ulf Kristersson. Northvolt recently announced it would scale back operations and lay off ...

Northvolt's shock decision this week to shrink its operations and cut jobs has sparked fears that Europe's best shot at a ...

If Aesop were alive today, perhaps he would create a fable where everything is turned on its head because of a misplaced ...

Stellantis in 2022 set targets for 100% of sales in Europe and 50% in the U.S. to come from battery electric vehicles by the end of the decade as the car maker planned to have more than 75 EVs and ...

As previously reported (see further reading), Northvolt will delay plans to build three more gigafactories: Novo, near ...

Northvolt, a major EV battery manufacturer, has laid off staff and cut back on investments due to declining demand for electric vehicles. The company aimed to compete with China, the leading producer ...