Swedish battery maker Northvolt seeks Chapter 11 protection in the U.S. due to $5.8 billion debt against a meager $30 million ...

Volkswagen is recalling 4,616 vehicles in the United States over concerns that their high-voltage batteries may overheat and ...

Northvolt’s story isn’t just about the big bucks of its big backers. It has doled out some important lessons about what’s ...

General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its ...

Following Northvolt's bankruptcy filing and the resignation of CEO Peter Carlsson, Volkswagen and Goldman Sachs have announced that they will write off their investments in the Swedish battery cell ...

Northvolt’s ambition was to challenge the dominance of Asian battery makers, such as CATL and BYD in China. The company ...

Volkswagen (VW), the largest of the lot by sales, is bracing for strikes beginning on December 1st in response to its plan to ...

Peter Carlsson, the CEO and co-founder of Northvolt, quit the company last week and in doing so revealed that it needed a ...

Carmakers and governments have spent billions trying to entice people to switch from petrol to electric, but progress has ...

Galp was left alone in early 2024, when Northvolt said it would not invest in the 50-50 joint venture set up in021.

Chinese EV makers struggle in Europe with slipping market share and new tariffs, as trade tensions and reduced subsidies ...