Exclusive: Scania tries to breathe life into troubled EV battery maker Northvolt
Truckmaker Scania has stepped in to help Northvolt with the day-to-day running of its flagship plant in northern Sweden, a ...
Transport Topics9d
Northvolt’s Bankruptcy Deals $531M Blow to Swedish Investors
The value of the investment — equivalent to nearly 0.3% of their overall assets under management — has been marked down to zero, according to a spokesman for AP4. Northvolt filed for Chapter ...
Bloomberg L.P.8d
Ontario Fund Writes Down $400 Million Investment in Northvolt
Investment Management Corp. of Ontario has written down its $400 million investment in Northvolt AB, the electric vehicle battery maker that filed for bankruptcy protection last year, according to ...
Pensions&Investments8d
Ontario pension fund IMCO writes down $400 million investment in Northvolt
Investment Management Corp. of Ontario has written down its $400 million investment in Northvolt, the electric vehicle battery maker that filed for bankruptcy protection last year, according to ...