Ailing battery cell manufacturer Northvolt could seek bankruptcy protection under US law. Such proceedings are considered one ...

Yet, the industry faces challenges, with one of its leading players now considering bankruptcy amid financial struggles.

Northvolt is facing challenges in meeting its production targets for battery cells, struggling with missed goals and ...

Northvolt’s fate is hanging in the balance as the troubled Swedish battery maker considers filing for Chapter 11 protection from creditors or even bankruptcy.

$2.14 billion – that was supposed to be the value of the contract for producing new cells for BMW electric cars. Key word – supposed. German media report that Northvolt is simply "not delivering".

Truck manufacturer Scania, which wanted to source its battery cells exclusively from Northvolt, is now talking to other ...

Northvolt has attracted vast amounts of financing in the past, and some of its backers appear to be not quite so enthused as they once were. BMW, one of Northvolt’s shareholders, recently pulled ...

(Bloomberg) -- BMW AG is unwilling to invest more in Northvolt AB, the cash-strapped battery maker that’s seeking fresh funds to stabilize its finances, according to a person familiar with the matter.

Cash-strapped Northvolt announced in September that it ... started showing signs of deep trouble when German carmaker BMW cancelled a $2 billion order in June There had been wide speculation ...