Northvolt, the Swedish maker of battery cells for electric vehicles, said on Thursday it has filed for Chapter 11 bankruptcy ...
I t was supposed to be a battery pioneer, a symbol of European competitiveness and an example of industrial policy done right ...
Sweden's Northvolt said on Thursday it will seek U.S. Chapter 11 bankruptcy protection as the cash-strapped battery start-up seeks to sort out its finances.
Northvolt has just $30 million in cash and $5.84 billion in debt, but says it can emerge from restructuring in Q1 2025 ...
France, Germany and Sweden called on the incoming European Commission on Thursday to ensure the future of battery production ...
Sweden’s Northvolt AB hired restructuring expert Paul O’Donnell to oversee its main factory unit, as time runs short for the ...
Swedish electric vehicle (EV) battery manufacturer Northvolt has filed for Chapter 11 bankruptcy protection in the US.
The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles.
The CEO of Northvolt, Peter Carlsson, today resigned amongst ongoing fallout from the Swedish EV battery maker’s U.S. Chapter ...
STOCKHOLM, Nov 22 (Reuters) - Sweden's Northvolt said on Thursday it will seek U.S. Chapter 11 bankruptcy protection as the cash-strapped battery start-up seeks to sort out its finances.
He isn't the only one to lose his job (and actually he will remain on the board and take on a role as senior advisor), the ...
The Swedish government maintained that it has no plans to rescue ailing battery-cell maker Northvolt AB, instead pinning its ...