Northvolt explained the reasons for its bankruptcy ... at its Wrocław plant into a battery for energy storage systems (ESS). The company recently signed a supply contract for LFP (lithium iron ...

Northvolt's $15 billion collapse shook the cleantech industry. Its bankruptcy highlights risks in ambitious electric vehicle battery production. Redwood Materials is taking a different approach ...

Credit: Scania. Scania, the truck manufacturing subsidiary of Volkswagen, has agreed to acquire Industrial Division of Northvolt Systems to strengthen its off-road electrification capabilities.

Bankrupt battery maker Northvolt AB will continue to operate in Sweden with a staff of 1,700 while its remaining employees will be laid off. “Despite significant reductions, it is positive that ...

STOCKHOLM (Reuters) - Volkswagen's truckmaker Scania said on Friday it had agreed to buy bankrupt Northvolt's division that makes battery packs for heavy industry, reviving a transaction first ...

Swedish truck maker Scania acquired Northvolt’s heavy industry business after reaching an agreement with the company’s bankruptcy trustee. A deal had been struck to buy the business earlier ...

(Bloomberg) -- Bankrupt battery maker Northvolt AB will continue to operate in Sweden with a staff of 1,700 while its remaining employees will be laid off. “Despite significant reductions ...

The collapse of battery maker Northvolt AB helped drive the number of bankruptcies in Sweden to the highest level for the month of March since 1994. A total of 923 limited liability companies went ...

From Tuesday to Friday this week, former Northvolt employees received assistance and support at The Great Northern. Skellefteå municipality organised these information days in collaboration with other ...

The company incurred a loss of 13 million kronor following Northvolt’s bankruptcy and now has numerous vacant rooms available for rent. Only a few hundred of the 1,200 rooms are currently occupied.

Northvolt filed for bankruptcy last month after burning through $15 billion. The Swedish EV battery maker was considered Europe's best hope for a homegrown battery manufacturer. Europe's battery ...