After filing for Chapter 11 in the US in November, Northvolt — which worked with Volkswagen, Volvo, Audi, Porsche, and BMW — has now filed for bankruptcy in Sweden. The company was founded by ...

Volvo Cars says it will pay Northvolt almost nothing for battery joint venture stake Volvo Cars will pay Northvolt almost nothing for its 50% stake in their battery venture Novo Energy that it had ...

Swedish automotive company Volvo Cars Corp. notified Northvolt AB, a partner in the NOVO Energy joint venture, of its intention to use the pre-emptive share repurchase right to acquire full control ...

BMW cancelled a US$2.15 billion deal with Northvolt in June last year. Volvo, the only name in Swedish internal combustion, was formerly bullish on the EV revolution, pledging to produce only ...

Volvo CEO says plan for Mexico truck factory ... Scania says it will lend Northvolt $100 mln under US Chapter 11 bankruptcy deal Swedish truckmaker Scania said on Thursday it will lend Northvolt ...

Once hyped as a potential cornerstone for an expanded European battery industry, Swedish battery maker Northvolt on Wednesday announced that it was filing for bankruptcy in its home country.

Volvo's stock prices declined heavily since the initial public offering and showed a minor downward trend when the ...

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, it is positive that ...