With debts piling up and potential foreclosure on the horizon, a troubled developer has sought a reorganization.

The American company, the former CEO of which went to prison for fraud, will seek to sell off most or all of its assets ...

Before its Chapter 11 bankruptcy filing Northvolt was recognised as Europe's primary competitor to challenge Asian companies ...

Northvolt Systems Industrial, which makes heavy industry battery systems for Swedish battery maker Northvolt has been sold.

After attempting to recover from a severe financial crisis, the American electric truck manufacturer Nikola filed for Chapter ...

Scania has acquired Northvolt's electric commercial vehicle battery production operations as part of the latter's financial ...

The filing comes several months after CFO Tom Okray warned Nikola only had enough cash to meet its obligations into, but not ...

Nikola Corp., the electric truck maker, filed for bankruptcy after a series of developments sent the company careening off a financial cliff. Why it matters: Nikola is among several electric vehicle ...

Sweden's troubled battery maker Northvolt has asked for an extension in its Chapter 11 process in the United States.

Nikola's bankruptcy, culminates a long slide for the onetime darling of the electric-vehicle industry, which struggled with ...

The filing caps a struggle by the maker of electric and hydrogen-powered semi-trucks to get a handle on dwindling cash, slow sales and a collapsing stock price.

Nikola's CEO said that the company could not overcome its financial challenges in recent months and decided bankruptcy was ...