Sweden’s government has pledged to help Northvolt find a buyer. The firm’s shareholders have indicated that they believe the government and the European Commission stood by and allowed Northvolt to ...

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Northvolt, an electric vehicle battery maker, filed for bankruptcy in Sweden recently and Volkswagen is its largest ...

BRUSSELS — Swedish battery-maker Northvolt filed for bankruptcy in Sweden on Wednesday, marking the final unraveling of a company once seen as Europe’s standard bearer for the sector.

Northvolt, founded in 2016, had been struggling under a mountain of debt, slow demand, and production delays, leading to the bankruptcy.

Sweden’s Northvolt has filed for bankruptcy. It marks the end of Europe’s best hope for competing with car batteries from Asia. Northvolt was once considered Europe’s best funded start-up, but it’s ...

In January, shareholders agreed at an extraordinary general meeting to allow the financially-strained company to continue operating. Northvolt's two biggest shareholders are German carmaker ...