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A subsidiary of troubled Swedish battery maker Northvolt has filed for bankruptcy as the company works through a strategic overhaul amid a cooling global electric-vehicle market. Northvolt Ett ...
Company filed for bankruptcy in November Northvolt needs $1.29 billion until 2027, sources say Slightly above the $1-$1.2 bln range given before Asian partner likely needed to rescue company ...
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 ...
Swedish prosecutors are set to serve Northvolt with a suspicion of gross manslaughter notice following the death of a worker at the EV battery-maker’s struggling gigafactory in the country’s ...
The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles. By Jack Ewing and Melissa Eddy Jack Ewing reported from New York and Melissa Eddy ...
Northvolt's US unit files for Chapter 11 bankruptcy protection as CEO Peter Carlsson, who has led the startup since 2016, leaves post in what has become a crisis for the European battery industry.
Die kleine Stadt Skellefteå nahe dem Polarkreis wäre ein Zentrum der grünen Mobilität, ein neuer Mittelpunkt der industriepolitischen Weltkarte ... nur wenig ein. Northvolt droht das Geld ...
[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 ...
Sweden’s state-owned pension investors, collectively known as the AP Funds, have fully written down their entire investment in bankrupt battery maker Northvolt AB. The funds had invested 5.8 ...
Battery maker Northvolt AB called a shareholder meeting Wednesday, according to people familiar with the matter, as talks to raise a targeted $300 million in emergency funding reached a critical ...
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 ...
The European battery leader Northvolt is scaling back plans to manufacture battery chemicals and will focus instead on producing finished battery cells. The company’s retrenchment because of ...