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

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

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.

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

Are Northvolt’s managers entirely at fault? While this was arguably a crisis of Northvolt’s own making, Chief Executive ...

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 ...

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.

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

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 ...

“In the long term we need to secure a capitalization of somewhat north of 10 billion kronor in the coming year,” CEO Peter Carlsson told reporters after a seminar in Stockholm on Wednesday.

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 ...