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The battery maker plans to invest up to $20 million in the plant to convert the facility to produce lithium-sulfur batteries ...

Galp was left alone in early 2024, when Northvolt said it would not invest in the 50-50 joint venture set up in021.

Kirkland & Ellis and A&O Shearman are advising Swedish battery maker Northvolt as it enters Chapter 11 restructuring ...

Here is a preliminary five whys analysis of Northvolt’s bankruptcy based on recent research: After reporting a $1.2 billion ...

Galp said it will not proceed with its Portuguese Aurora project after being unable to find new international partners. The Portuguese oil-and-gas producer said late Tuesday that it has been looking ...

Established by Volkswagen in 2022, PowerCo is committed to building six battery cell gigafactories by 2030 with a combined annual volume of 240 GWh – enough for about ...

Volkswagen has substantially written down its 21% stake in Northvolt, a Swedish battery cell manufacturer, reported Reuters.

Volkswage has significantly written down its 21% stake in Northvolt that filed for bankruptcy protection in the U.S. last ...

Struggling Swedish EV battery maker Northvolt filed for U.S. Chapter 11 bankruptcy protection on Thursday after failing to establish a funding ...

Northvolt CEO Carlsson admitted to overspending and challenges in ramping up production. He stated, “The Chapter 11 filing ...

Northvolt, once regarded as Europe's primary hope for establishing a thriving battery industry for electric vehicles, has ...