Northvolt, the Swedish maker of battery cells for electric vehicles, said on Thursday it has filed for Chapter 11 bankruptcy ...
Northvolt has just $30 million in cash and $5.84 billion in debt, but says it can emerge from restructuring in Q1 2025 ...
Northvolt has appointed restructuring expert Paul O'Donnell to oversee the lithium-ion battery maker's main facility in ...
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.
Sweden’s Northvolt AB hired restructuring expert Paul O’Donnell to oversee its main factory unit, as time runs short for the ...
said on Thursday that it was loaning $100 million to Northvolt to support the manufacturing of electric vehicle battery cells in Skellefteå, northern Sweden. "This decisive step will allow ...
Swedish electric vehicle (EV) battery manufacturer Northvolt has filed for Chapter 11 bankruptcy protection in the US.
I t was supposed to be a battery pioneer, a symbol of European competitiveness and an example of industrial policy done right ...
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 ...