But in the past year all that has unravelled rapidly, leaving Northvolt bankrupt, investors nursing big losses and Europe’s ...

With more people seeking to buy vehicles, new car lots began to have shortages of vehicles as automobile manufacturers faced ...

Volvo Cars has teased an all-new Volvo XC70 plug-in hybrid crossover with 400 hp and 200 km (approx. 125 miles) of all-electric range, giving it the longest battery-only range of any of the ...

Novo Energy, the battery subsidiary of Swedish automaker Volvo Cars, will terminate 50% of its workforce-approximately 150 employees-as part of a drastic cost-cutting strategy triggered by the ...

March brought its own share of upheaval. Northvolt, the Swedish battery maker, laid off a staggering 2,800 employees before filing for bankruptcy. Block, led by Jack Dorsey, cut 931 jobs in a ...

According to new documents released by the National Highway Traffic Safety Administration (NHTSA), Swedish luxury brand Volvo is recalling more than 413,000 vehicles due to a software defect that ...

FRANKFURT (Reuters) -A part of Northvolt's German division has applied for restructuring, a spokesperson for the insolvent Swedish battery cell maker said on Friday, confirming a report in weekly ...

Two former executives from bankrupt battery maker Northvolt AB have launched a new venture in Sweden that will utilize artificial intelligence to help manufacturing processes. The venture, Aris ...

In an exclusive interview, Swedish Migration Minister Johan Forssell told The Local he's not considering extending the three-month deadline for laid-off Northvolt workers. Work permit holders have ...

Automakers and dealers that are in states adopting California’s Advanced Clean Cars II rule – which sets ambitious, annually escalating ZEV sales mandates and threatens stiff penalties for ...