Focus on Northvolt
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Scania tries to breathe life into troubled EV battery maker Northvolt
Four Northvolt workers told Reuters they had seen Scania employees inside the factory in recent months.
Northvolt asks shareholders for $1.3 billion for next two years, sources say
By Marie Mannes, Christina Amann and Emma-Victoria Farr STOCKHOLM/BERLIN/FRANKFURT (Reuters) -Northvolt asked more than 100 shareholders at a meeting this month to provide...
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.
