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

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

Nikola Corp. filed for bankruptcy, culminating a long slide for the onetime darling of the electric-vehicle industry, which ...

According to Reuters, Northvolt has sold its industrial battery pack division to long-time customer and partner Scania.

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

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

Herc Holdings agreed to buy rival industrial-equipment rental firm H&E Equipment Services in a cash and stock deal, outbidding rival United Rentals' proposal. Manufacturers will have to respond to ...

Healthcare conglomerate Johnson & Johnson kicks off its bankruptcy plan confirmation Tuesday, in its third attempt to resolve one of the largest mass tort lawsuits through an affiliate it placed into ...

Sweden's Northvolt has agreed to divest its Systems Industrial division, a key developer and manufacturer of battery systems ...

Sweden's Northvolt has agreed to sell a business that makes electric battery packs for heavy industry, one of its few ...

The Beijing-based internet company said Tuesday that fourth-quarter revenue fell 2.4%, better than analysts' estimates. The sale, to a subsidiary of China's mining company MMG, is part of its effort ...

Scania agreed to buy Northvolt’s heavy industry business as the battery maker continues to work through a restructuring ...