Sweden’s state-owned pension investors, collectively known as the AP Funds, have fully written down their entire investment in bankrupt battery maker Northvolt AB. The funds had invested 5.8 ...

Swedish battery maker Northvolt AB has been granted a second deadline extension to file schedules and statements with a bankruptcy court in the U.S., according to a ruling on Jan. 15 seen by ...

Swedish EV battery maker Northvolt has reached an agreement with Volvo Cars to sell its stake in their Swedish battery-making joint venture, Novo Energy. The two companies will also explore ...

STOCKHOLM/BERLIN/FRANKFURT (Reuters) -Northvolt asked more than 100 shareholders at a meeting this month to provide $1.29 billion over the next two years to help restore the bankrupt Swedish ...

This is a summary of a request from the Official Committee of Unsecured Creditors of Northvolt to hire Akin Gump Strauss Hauer & Feld as counsel, filed Jan. 13 with the U.S. Bankruptcy Court in ...

Northvolt filed for bankruptcy in the US in November after a bid to secure rescue funding fell short, leaving the company with just one week’s cash and $5.84 billion in debt.

(Reuters) - Northvolt's co-founder Paolo Cerruti will step down from his role as chief executive officer of its North American division, the Swedish electric-vehicle battery maker said on Thursday.

Northvolt, once considered Europe's best hope for a battery champion, filed for U.S. Chapter 11 bankruptcy protection in November last year. "The purchase consideration rounds to 0 m SEK.

During Northvolt's mass lay-offs last autumn, some consultants were kept on because their specialised skills were considered essential for production. Their contracts were extended or even renewed.