The ailing EV supplier was hailed as a green-industry beacon during its rise, but the government is reluctant to bail out ...

Volkswagen AG’s representative has left the board of Northvolt AB, adding to the uncertainty around the cash-strapped battery maker as it tries to raise funds.

Cash-strapped battery maker Northvolt AB is working on a plan to raise more than 10 billion kronor ($920 million) to continue ...

Sweden’s Northvolt AB met its latest financial deadline, paying a tax bill that fell due on Monday as the battery maker works to pull together a bridge financing package.

He faced challenges that exceeded the expectations set by the company’s founder, Peter Carlsson, according to Hotnews. His ...

The Swedish battery manufacturer Northvolt could finalise a ‘rescue financing round’ of 300 million dollars by next week. In ...

Peter Carlsson, CEO and cofounder, said in a press release that the company needed to make "tough" decisions to respond to "headwinds in the automotive market, and wider industrial climate.

I cover mobility innovations from the perspective of an investor. Peter Carlsson had a plan when he gave an interview to German newspaper Frankfurter Allgemeine Sonntagszeitung in early October ...

Northvolt has been plagued by problems from incompetent management and poor safety standards to over-reliance on Chinese ...

Northvolt, founded by former Tesla executive Peter Carlsson, has raised billions of euros in debt and equity to build more environmentally friendly EV batteries, which it says have 90pc lower ...

Volkswagen AG’s truck manufacturing brand Scania plans to equip all its future electric trucks with Northvolt batteries, in a vote of confidence for the cash-strapped Swedish battery maker as it ...

On the role of Wuxi’s equipment, Northvolt co-founder and chief executive Peter Carlsson last month acknowledged there had been “challenges when we have ramped up and how we are working ...