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Northvolt’s factories will make up 13% of Europe’s battery production planned for 2030. Its bankruptcy may boost Europe’s dependence on Asian battery makers. This includes LG Energy Solution from ...
Bankrupt battery maker Northvolt AB will continue to operate in Sweden with a staff of 1,700 while its remaining employees ...
Northvolt's bankruptcy trustee said on Friday it had made "significant" progress in negotiating the continuation of operation of the electric vehicle battery maker, while talks with potential buyers ...
Northvolt's bankruptcy trustee said on Monday it had reached an agreement in principle with key stakeholders in the electric ...
On Wednesday, Northvolt said in a statement that a court-appointed Swedish trustee would take over the process of selling off its business and assets. The company’s subsidiaries Northvolt ...
STOCKHOLM–Swedish battery maker Northvolt filed for bankruptcy in ... including the sale of the business and its assets and the settlement of outstanding obligations.
The future of battery manufacturer Northvolt's planned factory in northern Germany has been cast into doubt after the Swedish company filed for bankruptcy on Wednesday. Christian Charisius/dpa The ...
STOCKHOLM (Reuters) -Battery cell maker Northvolt has filed for bankruptcy in Sweden, the company said on Wednesday, marking one of the country's largest corporate failures and effectively ending ...
In January 2024, Sabina Hoppe began her role as head of environment and energy at Northvolt, a pivotal position within the battery company. She was tasked with expanding the department from four to 18 ...
which is likely crucial to enabling a full or partial sale of the business,” Northvolt’s bankruptcy trustee, Mikael Kubu, said in an emailed statement. The company had a total staff of about ...
In accordance with Swedish law, a court-appointed trustee will now oversee the sale of Northvolt's business and assets in order to settle the company's outstanding financial obligations.