An EV battery maker that raised $15 billion from investors including Goldman Sachs filed for bankruptcy protection after almost running out of cash
Northvolt has filed for Chapter 11 bankruptcy protection due to challenges in production and significant debt.
New funding aids Northvolt's restructuring efforts amid ongoing market demand for EV batteries.
Northvolt, Hailed As Europe's Future EV Battery Champion, Files For Bankruptcy
Northvolt has filed for Chapter 11 bankruptcy to restructure its operations amidst dire financial struggles, despite being a key player in European battery production.
Northvolt files for bankruptcy-putting the breaks on Europe's EV dreams
Northvolt, a leading Swedish battery cell maker, has filed for Chapter 11 bankruptcy protection, jeopardizing European efforts to reduce reliance on Chinese battery makers.
Northvolt files for Chapter 11
Northvolt files for Chapter 11 bankruptcy, aiming to restructure and sustain operations amid significant debt.
Northvolt files for bankruptcy protection in blow to Europe's EV ambitions
Northvolt's Chapter 11 filing highlights dire financial challenges that threaten its role as Europe's battery producer for electric vehicles.
Battery unicorn Northvolt files for bankruptcy, upending Europe's industrial plan | TechCrunch
Northvolt's bankruptcy highlights severe financial struggles and execution challenges within Europe's aspirations for lithium-ion battery manufacturing.
An EV battery maker that raised $15 billion from investors including Goldman Sachs filed for bankruptcy protection after almost running out of cash
Northvolt has filed for Chapter 11 bankruptcy protection due to challenges in production and significant debt.
New funding aids Northvolt's restructuring efforts amid ongoing market demand for EV batteries.
Northvolt, Hailed As Europe's Future EV Battery Champion, Files For Bankruptcy
Northvolt has filed for Chapter 11 bankruptcy to restructure its operations amidst dire financial struggles, despite being a key player in European battery production.
Northvolt files for bankruptcy-putting the breaks on Europe's EV dreams
Northvolt, a leading Swedish battery cell maker, has filed for Chapter 11 bankruptcy protection, jeopardizing European efforts to reduce reliance on Chinese battery makers.
Northvolt files for Chapter 11
Northvolt files for Chapter 11 bankruptcy, aiming to restructure and sustain operations amid significant debt.
Northvolt files for bankruptcy protection in blow to Europe's EV ambitions
Northvolt's Chapter 11 filing highlights dire financial challenges that threaten its role as Europe's battery producer for electric vehicles.
Battery unicorn Northvolt files for bankruptcy, upending Europe's industrial plan | TechCrunch
Northvolt's bankruptcy highlights severe financial struggles and execution challenges within Europe's aspirations for lithium-ion battery manufacturing.
How can Dutch battery startups win big? Focus on supply chain 'pinch points,' says CEO
Dutch battery startups must focus on critical supply chain innovations to compete globally amid European challenges.
The Battery Crisis Taking Europe's EV Sector By Storm
The race for electric vehicle dominance hinges significantly on controlling the battery supply chain, particularly in Europe aiming to lessen reliance on China.
How can Dutch battery startups win big? Focus on supply chain 'pinch points,' says CEO
Dutch battery startups must focus on critical supply chain innovations to compete globally amid European challenges.
The Battery Crisis Taking Europe's EV Sector By Storm
The race for electric vehicle dominance hinges significantly on controlling the battery supply chain, particularly in Europe aiming to lessen reliance on China.
Quebec's investment in Northvolt's battery plant remains secure despite its parent company's bankruptcy filing. Operations will continue unaffected in Monteregie.
BREAKING: Northvolt CEO Peter Carlsson resigns as battery maker fights for survival
Carlsson resigns as Northvolt CEO but will stay on as senior advisor during company's Chapter 11 restructuring.
Quebec's investment in Northvolt's battery plant remains secure despite its parent company's bankruptcy filing. Operations will continue unaffected in Monteregie.
Northvolt files for bankruptcy protection in the US
Northvolt is restructuring to align with customer needs and stabilize finances amidst significant layoffs.
Northvolt is looking for 300 million euros short terms funds by end of the month
Northvolt is seeking urgent funding to stabilize operations after significant layoffs amidst challenging conditions in the European electric vehicle market.
Northvolt warns of layoffs in bid to cut costs
Northvolt is considering workforce reductions to focus on large-scale cell manufacturing.
Migrant workers let go from troubled Northvolt on their first day at work
Northvolt is cutting jobs, affecting migrant workers, amid economic struggles and is focusing on core business for future stability.
Northvolt announces 1,600 layoffs in Sweden, insists Quebec EV battery plant won't be affected | CBC News
Northvolt's Montreal plant will proceed despite layoffs in Sweden, raising concerns about investment stability in the province.
Battery maker Northvolt to restructure its business cutting 1,600 jobs in Sweden - Sustainable Bus
Northvolt is restructuring due to challenges in electric mobility, leading to the loss of 1,600 jobs and suspension of key projects.
Northvolt files for bankruptcy protection in the US
Northvolt is restructuring to align with customer needs and stabilize finances amidst significant layoffs.
Northvolt is looking for 300 million euros short terms funds by end of the month
Northvolt is seeking urgent funding to stabilize operations after significant layoffs amidst challenging conditions in the European electric vehicle market.
Northvolt warns of layoffs in bid to cut costs
Northvolt is considering workforce reductions to focus on large-scale cell manufacturing.
Migrant workers let go from troubled Northvolt on their first day at work
Northvolt is cutting jobs, affecting migrant workers, amid economic struggles and is focusing on core business for future stability.
Northvolt announces 1,600 layoffs in Sweden, insists Quebec EV battery plant won't be affected | CBC News
Northvolt's Montreal plant will proceed despite layoffs in Sweden, raising concerns about investment stability in the province.
Battery maker Northvolt to restructure its business cutting 1,600 jobs in Sweden - Sustainable Bus
Northvolt is restructuring due to challenges in electric mobility, leading to the loss of 1,600 jobs and suspension of key projects.
Sweden 'not considering' extending three-month deadline for laid-off work permit holders
Sweden's three-month work permit extension policy is under scrutiny due to Northvolt layoffs, potentially threatening the retention of foreign talent.
More than 2,000 with work permits at troubled Northvolt
Northvolt's layoffs have raised concerns for foreign workers holding work permits in Sweden, with local impacts being felt significantly in Skelleftea.
Employment minister warns Sweden risks losing high-skilled Northvolt workers
Sweden's government is actively seeking jobs for laid-off Northvolt employees to prevent workforce loss, particularly among valuable non-EU workers.
Northvolt suspected of manslaughter in latest blow to flailing battery startup
Northvolt is under investigation for gross manslaughter following employee deaths in its gigafactory, indicating potential legal repercussions for the company.
OPINION: Sweden needs to reconsider 'three-month deadline' for laid-off non-EU workers
Northvolt's layoffs highlight the urgency of protecting work permit holders amid the company's financial struggles.
'People couldn't wait': Northvolt union rep reveals fraught redundancy talks
Northvolt reached an agreement on redundancies impacting 338 workers after rapid negotiations in a challenging environment.
Sweden 'not considering' extending three-month deadline for laid-off work permit holders
Sweden's three-month work permit extension policy is under scrutiny due to Northvolt layoffs, potentially threatening the retention of foreign talent.
More than 2,000 with work permits at troubled Northvolt
Northvolt's layoffs have raised concerns for foreign workers holding work permits in Sweden, with local impacts being felt significantly in Skelleftea.
Employment minister warns Sweden risks losing high-skilled Northvolt workers
Sweden's government is actively seeking jobs for laid-off Northvolt employees to prevent workforce loss, particularly among valuable non-EU workers.
Northvolt suspected of manslaughter in latest blow to flailing battery startup
Northvolt is under investigation for gross manslaughter following employee deaths in its gigafactory, indicating potential legal repercussions for the company.
OPINION: Sweden needs to reconsider 'three-month deadline' for laid-off non-EU workers
Northvolt's layoffs highlight the urgency of protecting work permit holders amid the company's financial struggles.
'People couldn't wait': Northvolt union rep reveals fraught redundancy talks
Northvolt reached an agreement on redundancies impacting 338 workers after rapid negotiations in a challenging environment.
Northvolt is reducing workforce and pausing expansion to manage financial challenges.
Huge losses': Sweden fears for future of batterymaker Northvolt
Northvolt's emergence promised a green revolution, but changing market conditions and corporate struggles threaten its viability and employee security.
How Europe's big hope in EV batteries came unstuck
Europe's green tech ambitions face challenges from China's dominance, particularly in electric vehicle battery production, as exemplified by Northvolt's struggles.
Another blow for electric vehicle drive as battery startup Northvolt lays off 1,600 workers
Northvolt is laying off 1,600 workers due to financial struggles and a shift in priorities.
Battery Maker Northvolt to Cut Costs as E.V. Demand Slumps in Europe
Northvolt is restructuring to streamline operations due to declining electric vehicle demand in Europe.
Swedish battery maker Northvolt blames 'challenging' market for workforce job cuts
Northvolt is scaling back operations and cutting jobs to focus on its main gigafactory in Sweden amidst challenging market conditions.
Sweden's Northvolt cuts 1,600 amid EV slowdown
Northvolt is reducing workforce and pausing expansion to manage financial challenges.
Huge losses': Sweden fears for future of batterymaker Northvolt
Northvolt's emergence promised a green revolution, but changing market conditions and corporate struggles threaten its viability and employee security.
How Europe's big hope in EV batteries came unstuck
Europe's green tech ambitions face challenges from China's dominance, particularly in electric vehicle battery production, as exemplified by Northvolt's struggles.
Another blow for electric vehicle drive as battery startup Northvolt lays off 1,600 workers
Northvolt is laying off 1,600 workers due to financial struggles and a shift in priorities.
Battery Maker Northvolt to Cut Costs as E.V. Demand Slumps in Europe
Northvolt is restructuring to streamline operations due to declining electric vehicle demand in Europe.
Swedish battery maker Northvolt blames 'challenging' market for workforce job cuts
Northvolt is scaling back operations and cutting jobs to focus on its main gigafactory in Sweden amidst challenging market conditions.
Northvolt to slash almost a quarter of its workforce
Northvolt is laying off 1,600 employees, about 24.6% of its workforce, to focus on core business and address economic challenges.
What are the top nationalities of work permit holders at Northvolt?
Potential layoffs at Northvolt could lead to job losses and jeopardize the residency status of work permit holders, especially those from India, Pakistan, and Turkey.
Swedish battery maker shutters Bay Area subsidiary, lays off nearly 200
Northvolt is consolidating its research and development in Sweden, resulting in the closure of Cuberg's Bay Area subsidiary and loss of 196 jobs.
Northvolt to slash almost a quarter of its workforce
Northvolt is laying off 1,600 employees, about 24.6% of its workforce, to focus on core business and address economic challenges.
What are the top nationalities of work permit holders at Northvolt?
Potential layoffs at Northvolt could lead to job losses and jeopardize the residency status of work permit holders, especially those from India, Pakistan, and Turkey.
Swedish battery maker shutters Bay Area subsidiary, lays off nearly 200
Northvolt is consolidating its research and development in Sweden, resulting in the closure of Cuberg's Bay Area subsidiary and loss of 196 jobs.
Inside Sweden: The ultimate guide to navigating the wave of Swedish layoffs
Northvolt has laid off migrant workers due to financial issues, highlighting challenges in the tech sector.
After a slew of setbacks, Swedish EV champion Northvolt is winding down part of its U.S. operations as it reevaluates its business
Northvolt faces significant challenges, including losing a major contract with BMW and closing its U.S. research subsidiary, amidst growing Asian competition.