Swedish battery manufacturer Northvolt filed for bankruptcy on 12 March 2025, bringing an abrupt end to a company once seen ...
Battery cell maker Northvolt has filed for bankruptcy in Sweden, the company said on Wednesday, marking one of the country's ...
This move comes amid geopolitical instability, rising capital costs, supply chain disruptions, and shifts in market demand.
Northvolt’s fortunes took a more decisive turn when BMW canceled a $2 billion contract in June 2024. The battery manufacturer ...
The bankruptcy of battery cell maker Northvolt, once the leader of Sweden's green industrial boom, is a huge blow to the ...
Northvolt, a Swedish-based battery maker, filed for bankruptcy in its home country as rising debts defeated one of Europe’s ...
Volkswagen AG’s truckmaker Scania continues to receive cells from Northvolt AB as the Swedish battery maker fights for ...
Northvolt's bankruptcy marks the end of a company that once had promised so much for Europe's battery industry.
Rising capital costs, lower demand and the disruptive impact of geopolitical instability on supply chains all weighed heavily ...
Truckmaker Scania still intends to buy Northvolt's battery pack business despite the Swedish battery maker having declared ...