Focus on Northvolt
Our mission is to build the world’s greenest battery, with minimal carbon footprint and the highest ambitions for recycling. Our vision is to accelerate the transition to a decarbonized future, by supplying sustainable, high-quality battery cells and systems.
Northvolt owners vote to stay operating while seeking financial rescue
Northvolt shareholders back restructuring as Swedish battery maker seeks $1B funding to overcome financial struggles.
Sweden’s north frets over financial risks as green boom stumbles
Sweden's local authorities seek more financial support as Northvolt's bankruptcy threatens the green industry transition.
Northvolt seeks to sell electric industrial battery business by year-end
If Northvolt fails to find a buyer, the firm will have to close due to financial constraints by the end of the year.
Volkswagen has taken major writedown on Northvolt stake, sources say
Volkswagen has written down its 21 per cent Northvolt stake amid the Swedish battery maker's bankruptcy filing, reflecting EV market struggles.
Goldman funds to take $900 million hit on Northvolt: Financial Times report
Funds managed by Goldman Sachs, which together ranked as the second-largest shareholders in Northvolt, will write off nearly $900M by year's end.
Northvolt crisis may be make or break for Europe’s EV battery ambitions
Northvolt’s bankruptcy highlights Europe’s struggle to build a battery industry amid Chinese dominance and slowing EV demand.
Northvolt CEO steps down, saying group needs up to $1.2 billion
Northvolt went from being Europe's best shot at a home-grown electric-vehicle battery champion to struggling to stay afloat within a year.
Sweden’s Northvolt files for bankruptcy, in blow to Europe’s EV ambitions
Northvolt files for U.S. Chapter 11 bankruptcy, seeking to restructure $5.8B debt while securing $245M to sustain European battery hopes.
Scania says it will lend Northvolt $100 million under US Chapter 11 bankruptcy deal
Swedish truckmaker Scania will lend Northvolt $100 million as part of the struggling battery maker's U.S. Chapter 11 bankruptcy protection deal.
Sweden has no plans to take stake in Northvolt, deputy PM says
Sweden won't invest in cash-strapped Northvolt, says Minister Ebba Busch, despite its strategic value in the EU's industrial competition.
