Management of the Swedish electric battery giant is attempting to secure funds to avoid bankruptcy.
Northvolt's financial crisis drives Swedish bankruptcies to record highs, impacting suppliers, investors, and job markets ...
Norway's Hydro said on Thursday it is now solely financing the Hydrovolt battery recycler which it set up with joint venture partner Sweden's Northvolt. The Norwegian group recently raised its stake ...
Swedish car maker Volvo Cars told its Novo Energy joint venture partner, battery maker Northvolt, that it will invoke its redemption rights to acquire ...
Swedish car maker Volvo Cars told its Novo Energy joint venture partner, battery maker Northvolt, that it will invoke its ...
Norway's Hydro said on Thursday it is now the sole company financing the Hydrovolt battery recycler, while its partner in the ...
Denmarkās biggest pension fund, ATP, has marked down the value of its $6 billion unlisted assets portfolio as a result of its ...
SVOLT is abandoning plans for two German battery plants, citing weak European sales and economic challenges. The company is ...
Swedish carmaker Volvo Cars, owned by China's Geely, said Wednesday it was taking full ownership of NOVO Energy -- its joint venture with ailing battery maker Northvolt.
Volvo Cars is seeking to acquire Northvolt's stake in their Swedish battery-making joint venture and would need to find a further investor to keep plans for their gigafactory on track after Northvolt ...
Volvo Cars seeks to acquire Northvolt's stake in their Swedish battery joint venture after Northvolt halted funding. This move comes amid delays in Europe's EV battery production, affecting the green ...
Volvo Car AB said it is taking over a joint venture with struggling Swedish battery maker Northvolt AB.