The US battery developer Lyten is acquiring Northvolt's subsidiary Northvolt Dwa ESS in Gdansk, Poland, a 25,000 square metre ...

A federal judge on Tuesday dismissed Northvolt AB ’s US restructuring proceeding after the Swedish battery maker sought bankruptcy in its home country.. Judge Alfredo Perez granted Northvolt’s request ...

The Swedish company aimed to become Europe's main EV battery maker and take on Chinese rivals, but filed for Chapter 11 protection in November.

Debt-ridden Swedish electric vehicle battery manufacturer Northvolt said on Wednesday it has filed for bankruptcy in its home market. The move includes all of the group's Swedish units, but not its ...

Swedish electric car battery maker Northvolt has filed for bankruptcy in Sweden, dealing a blow to European efforts to challenge Asia's dominance in the key sector.

Northvolt spokesman Erik Zsiga told AFP the company had requested an extension, but still aimed "to finalise the Chapter 11 process in the first quarter." "But we also need to act to have ...

Northvolt filed for Chapter 11 bankruptcy protection in the U.S. in November after a bid to secure rescue funding fell short, leaving the company with little cash and $5.8 billion in debt.

Northvolt AB has yet to line up investors willing to commit funds to allow the Swedish battery maker to emerge from Chapter 11 bankruptcy protection, according to people familiar with the matter.

The chapter 11 process also provides Northvolt with an avenue to secure new financing. – For instance, the protections afforded by chapter 11 have instilled confidence in our lenders and customers, ...

Northvolt AB has signalled that its battery production operations will continue as normal, while the company ramps up efforts to find new sources of funds under the US Chapter 11 restructuring ...

In a major setback for Europe’s push to cut reliance on Chinese battery suppliers, Swedish battery maker Northvolt filed for Chapter 11 bankruptcy protection in the US last month. The move is ...