Northvolt, a Swedish battery maker, seeks $1.29 billion from shareholders after filing for Chapter 11 bankruptcy. Facing production issues and failed funding talks, the company plans to secure ...

Northvolt filed for Chapter 11 U.S. bankruptcy in November after talks for fresh funding with investors collapsed amid ...

Northvolt, a Swedish battery maker, seeks $1.29 billion from shareholders to revive operations after filing for Chapter 11 ...

This is a summary of a request from the Official Committee of Unsecured Creditors of Northvolt to hire Akin Gump Strauss Hauer & Feld as counsel, filed Jan. 13 with the U.S. Bankruptcy Court in ...

Northvolt's shareholders include Goldman Sachs and BMW as well as customers Volkswagen and Scania. It is not clear which investors were present at the meeting. The two sources said the ...

Northvolt has struggled with persistent quality issues and troubles increasing production of its battery cells, which led BMW to cancel a 2-billion euro ($2.08 billion) contract last year and ...

Considered Europe's best shot at a home-grown electric vehicle battery champion to compete with Chinese rivals BYD and CATL, ...

The sources declined to be identified because the details are confidential. Northvolt's shareholders include Goldman Sachs and BMW as well as customers Volkswagen and Scania. It is not clear which ...