Sweden’s Northvolt was once a darling of the battery industry and Europe’s best hope for competing with China’s dominant ...
Even then, there was a chance for Northvolt to continue with plans for new battery plants in Germany, Sweden and Canada.
Northvolt has appointed restructuring expert Paul O'Donnell to oversee the lithium-ion battery maker's main facility in ...
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 ...
In a statement published Thursday, Northvolt said the company would continue as normal during the restructuring process, ...
The Swedish government does not plan to take a stake in battery maker Northvolt, Sweden's Minister for Energy, Business and ...
Northvolt enters Chapter 11 reorganization to secure $145 million cash collateral and $100 million financing. Operations in ...
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 ...
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