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