Northvolt AB filed for bankruptcy protection in the US after a desperate bid to secure rescue funding fell short, leaving the ...

Company misses several internal production targets since mid-Sept - documents Battery maker will not meet goal of producing 100,000 good-quality cells per week by year-end Northvolt suspended ...

Northvolt calls its liquidity situation "dire" Operations to continue during restructuring, expected completion by Q1 2025 Scania lends $100 million for bankruptcy process Nov 21 (Reuters ...

The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles. By Jack Ewing and Melissa Eddy Jack Ewing reported from New York and Melissa Eddy ...

Beleaguered Swedish battery manufacturer Northvolt announced today that it was filing for bankruptcy in the U.S., striking a blow to Europe’s ambitions for homegrown lithium-ion batteries.

STOCKHOLM, Nov. 21, 2024 /PRNewswire/ -- Northvolt AB and certain of its subsidiaries ("Northvolt") voluntarily filed for Chapter 11 reorganization in the United States. By enabling the company to ...

Northvolt had about $30 million in available cash, it said in a filing, and $5.84 billion in debt. That figure makes it one of the most indebted companies to file for bankruptcy in the US this ...