Northvolt, the Swedish maker of battery cells for electric vehicles, said on Thursday it has filed for Chapter 11 bankruptcy ...
The issue is acute for Sweden after Northvolt filed for Chapter 11 bankruptcy protection in the United States last week. The ...
What went wrong? Northvolt certainly didn’t fail for lack of investment. The firm raised $15bn in total, including nearly ...
Planned $7 million lithium-ion battery gigafactory in southern Quebec secured as “essential” to Swedish battery-maker’s ...
Northvolt has just $30 million in cash and $5.84 billion in debt, but says it can emerge from restructuring in Q1 2025 ...
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.
The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles.
Swedish electric vehicle (EV) battery manufacturer Northvolt has filed for Chapter 11 bankruptcy protection in the US.
The CEO of Northvolt, Peter Carlsson, today resigned amongst ongoing fallout from the Swedish EV battery maker’s U.S. Chapter ...
said on Thursday that it was loaning $100 million to Northvolt to support the manufacturing of electric vehicle battery cells in Skelleftea, northern Sweden. "This decisive step will allow ...
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 ...