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 ...
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 ...
Several shareholders are leaving negotiations with the battery manufacturer Northvolt over emergency funding for the company, ...
EV battery developer and maker Northvolt hasn’t met some in-house production goals and has cut output at its battery cells ...