Northvolt declares bankruptcy in Sweden, raising concerns about Quebec battery plant's future
Northvolt has declared bankruptcy in Sweden, but says its North American operations are solvent. The company is building a ...
Battery manufacturer Northvolt nears the end as it files for bankruptcy in Sweden
Northvolt’s fortunes took a more decisive turn when BMW canceled a $2 billion contract in June 2024. The battery manufacturer ...
Canada's National Observer1d
Urgent search underway for buyer of $7-billion Northvolt EV battery factory in Quebec
The search for a new owner for the troubled $7-billion manufacturing facility south of Montreal is underway, said the federal ...
Scania committed to buying Northvolt's battery pack business despite bankruptcy
Truckmaker Scania still intends to buy Northvolt's battery pack business despite the Swedish battery maker having declared ...
End of the road for EV battery maker that raised $15 billion from investors including Goldman Sachs and BlackRock
The Swedish company aimed to become Europe's main EV battery maker and take on Chinese rivals, but filed for Chapter 11 ...