This Battery Startup Raised $15 Billion. Then It Went Bust.
Sweden’s Northvolt was once a darling of the battery industry and Europe’s best hope for competing with China’s dominant ...
Sweden's Northvolt appoints restructuring expert to oversee main facility -report
Northvolt has appointed restructuring expert Paul O'Donnell to oversee the lithium-ion battery maker's main facility in ...
NBC Los Angeles3d
Battery giant Northvolt files for bankruptcy in major setback to Europe's EV ambitions
In a statement published Thursday, Northvolt said the company would continue as normal during the restructuring process, ...
Northvolt Hires Restructuring Expert to Oversee Swedish Plant
Sweden’s Northvolt AB hired restructuring expert Paul O’Donnell to oversee its main factory unit, as time runs short for the ...
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Northvolt's Strategic Move: Chapter 11 Reorganization
Northvolt enters Chapter 11 reorganization to secure $145 million cash collateral and $100 million financing. Operations in ...
Mena FN3d
Northvolt Takes Major Actions To Support And Enhance Homegrown Battery Production Platform
The Chapter 11 restructuring process in the U.S. is distinct from a bankruptcy or administration proceeding in Sweden or many other countries. Importantly, this process will allow Northvolt to ...
Sveriges Radio4d
Northvolt shareholders leave negotiations on emergency funding
Several shareholders are leaving negotiations with the battery manufacturer Northvolt over emergency funding for the company, ...
EV battery maker Northvolt hasn't been meeting in-house output goals: report
EV battery developer and maker Northvolt hasn’t met some in-house production goals and has cut output at its battery cells ...