Northvolt AB filed for bankruptcy in Sweden, bringing to an end a company that was once seen as the future of Europe’s battery production.
March 12, 2025Government, Business, Technology
Battery Maker Northvolt Hits End of Line
Government, Business, Technology
Northvolt Gets New Extension to Submit Documents to US Court
Swedish battery maker Northvolt AB has been granted a second deadline extension to file schedules and statements with a bankruptcy court in the U.S., according to a ruling on Jan. 15.
January 16, 2025Government, Business, Technology
Northvolt Sells Its Stake in Recycling JV to Norsk Hydro
Bankrupt battery maker Northvolt AB agreed to sell its remaining shares in a recycling venture to Norsk Hydro ASA as it continues to slim down operations amid a Chapter 11 process in the U.S.
January 13, 2025Sweden’s Northvolt to Cut 20% of Staff Amid Liquidity Crunch
Sweden’s Northvolt AB will shed 20% of its global workforce and pause its expansion plans to slow cash outflows as the battery-making firm confronts a burgeoning financial squeeze.
September 23, 2024