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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 ...
Northvolt's $15 billion collapse shook the cleantech industry. Its bankruptcy highlights risks in ambitious electric vehicle battery production. Redwood Materials is taking a different approach ...
Already last autumn, when Northvolt laid off 1,000 employees in Skellefteå, Internationella Engelska Skolan (IES) strengthened its "safety team" to support worried students. The school has around 530 ...
Battery maker Northvolt has filed for bankruptcy in Sweden, dealing a blow to Europe’s battery manufacturing capabilities. The firm said that it had made an “exhaustive effort…to secure a ...
[Stay on top of transportation news: Get TTNews in your inbox.] Northvolt AB filed for bankruptcy in Sweden, bringing to an end a company that was once seen as the future of Europe’s battery ...
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 ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Battery maker Northvolt has filed for bankruptcy in Sweden, capping the downfall of a company once regarded ...
The company and its assets will be sold after it filed for bankruptcy in Sweden, sinking Europe’s best hope for competing against Asian rivals. By Melissa Eddy Melissa Eddy covers European ...
STOCKHOLM/BERLIN/FRANKFURT :Northvolt asked more than 100 shareholders at a meeting this month to provide $1.29 billion over the next two years to help restore the bankrupt Swedish battery maker's ...
Northvolt agreed with Volvo Cars today to sell the battery maker’s stake in their joint venture Novo Energy for an undisclosed sum and explore potential collaborations in North America ...
(Bloomberg) -- Northvolt AB has yet to line up investors willing to commit funds to allow the Swedish battery maker to emerge from Chapter 11 bankruptcy protection, according to people familiar ...
The recent bankruptcy of the battery maker Northvolt is rattling companies counting on the Swedish firm as a customer or supplier. Some companies that were planning facilities to supply Northvolt ...