Europe’s “green dream” Northvolt has filed for bankruptcy protection in the US after a rescue package failed to go through, leaving the battery maker with just one week’s worth of cash in the account.
It was Europe's flagship battery production. At least, it wanted to be. The Swedish company Northvolt was placed under ...
Swedish battery firm Northvolt filed for U.S. Chapter 11 bankruptcy protection Thursday, with CEO Peter Carlsson stepping ...
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(Bloomberg) -- For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse started in June when BMW AG canceled a multi-billion ...
VW's Northvolt stake had book value of 693 mln euros at end-2023 Pension fund AMF: regularly reviewing holdings in unlisted firms VW will not comment on fallout of Northvolt bankruptcy filing ...
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 ...
Ex-Tesla executive Peter Carlsson is stepping down as Northvolt CEO after the battery maker filed ... [+] for US Chapter 11 bankruptcy protection this week. Photo by Gregor Fischer/Getty Images.
Swedish battery cell maker Northvolt AB, which produces battery cells for electric vehicles (EVs), has announced that it has filed for Chapter 11 bankruptcy in the US. This is being seen as a ...