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Fast growth and several, large-scale factory projects became Northvolt’s undoing as costs ballooned and its debt pile swelled to $5.8 billion. The flagship plant, called Northvolt ETT, had been ...
[Stay on top of transportation news: Get TTNews in your inbox.] Bankrupt battery maker Northvolt AB will stop production at its last remaining factory in northern Sweden at the end of June if it ...
Northvolt filed for bankruptcy in Sweden on March 12, making it one of the country's largest corporate failures and effectively ending Europe's best hope of developing a rival to challenge China ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Northvolt seemed like it had everything going for it. The Swedish industrial start-up was Europe’s ...
Mayor, Lorents Burman (S) further commented on the Northvolt news to Norran, stating that the municipality has been continuously informed about the situation since last autumn. He recapitulated events ...
Northvolt's operations in Sweden are in danger of winding down as the battery maker navigates bankruptcy. The company has been seeking to stem its cashflow over the past year by closing some units ...
Problems at Northvolt began long before they became public, with employees who spoke to the media allegedly pressured to leave. This is revealed by Mikaela Lundh, a former employee, who is now sharing ...
STOCKHOLM (Reuters) -Swedish automotive battery maker Northvolt, which declared bankruptcy in March, plans to wind down its remaining battery cell production in the Nordic country by the end of June, ...
The Northvolt site in Skellefteå, northern Sweden. Northvolt also has premises in Västerås and Stockholm. Photo: Magnus Lejhall/TT Swedish electric car battery maker Northvolt, which filed for ...
Swedish automotive battery maker Northvolt, which declared bankruptcy in March, plans to wind down its remaining battery cell production in the Nordic country by the end of June, its trustee said ...
Northvolt’s bankruptcy administrator says the battery factory in Skellefteå will stop production on June 30, reports news agency TT. Meanwhile Swedish Radio News reports that Scania — the ...
Many former employees of the bankrupt battery manufacturer Northvolt are now looking for jobs. The organization Beredskapslyftet, who without charge connects those looking for work with companies ...
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