News

The bankruptcy of Northvolt has not deterred the Stegra company from pursuing its green steel project in northern Sweden ...
The company seemingly faced no shortage of demand for EV batteries as Europe's automakers raced to quickly develop and field new electric models, favoring buyers in Europe if not always North America.
The four CEOs defended their decision to invest in Northvolt and to use the newly-created, jointly-owned company 4 to 1 Investments as a ... Riedl said: “I think, when it comes to the structure itself ...
a structure established to develop complementary and transformative activities that can enhance the group’s long-term competitiveness. This acquisition stems from the failure of Northvolt Systems, ...
The television reporting was critical of the funds having created a “complicated structure” to buy ... fund had decided not to invest in Northvolt, having deemed it to be too risky. Staaf said ...
Swedish truck maker Scania acquired Northvolt’s heavy industry business after reaching an agreement with the company’s bankruptcy trustee. A deal had been struck to buy the business earlier ...
The fund is built through contributions from the graduating class and will invest solely in startups founded by peers — an investment structure that's taking off at business schools as students ...
Revenues generated have been invested back into the Company to support its operations and growth. And despite its significant investments, Northvolt has faced production shortfalls. Northvolt’s ...
Christinne Muschi The Canadian Press It’s unclear whether Northvolt North America’s electric vehicle battery plant project in Quebec will proceed after its parent company filed for bankruptcy ...
STOCKHOLM—Truck maker Scania agreed to buy Northvolt’s heavy industry business, as the battery maker continues to work through a restructuring process. “This acquisition will provide access ...
Northvolt and the buyer are aligned in their intent to structure a transaction that includes the transfer of all necessary assets, employees, and contracts required to ensure a seamless continuation ...