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 order.
(Bloomberg) — Northvolt AB filed for bankruptcy protection in the US after a desperate bid to secure rescue funding fell ...
COPENHAGEN (Reuters) - Northvolt has appointed restructuring expert Paul O'Donnell to oversee the lithium-ion battery maker's main facility in northern Sweden, Bloomberg News reported on Wednesday.
STOCKHOLM (Reuters) - The Swedish government does not plan to take a stake in battery maker Northvolt, Sweden's Minister for Energy, Business and Industry and Deputy Prime Minister Ebba Busch told ...
(Bloomberg) -- The crisis at Swedish battery maker Northvolt AB contributed to an historically high rate of bankruptcies last month, when the company’s main expansion project in Skelleftea went ...
Northvolt’s Skelleftea project insolvency links to record 821 bankruptcies in Sweden. Denmark’s ATP pension fund cuts value due to Northvolt’s financial troubles. Northvolt is close to ...
The move is being watched closely by the Australian government, which is wary of how criminal groups and the Chinese government could exploit the bank's presence in PNG. The Bank of China is ...
Hydro says Northvolt no longer financing Hydrovolt JV Hydro's stake in Hydrovolt now at 62%, up from 50% Hydrovolt recycles batteries STOCKHOLM, Oct 31 (Reuters) - Norway's Hydro (NHY.OL), opens ...
PNG's foreign minister Justin Tkatchenko announced last week that PNG would not participate in the 29th United Nations Convention on Climate Change Conference of Parties (UNFCC COP29) in protest and ...
Volvo Cars is seeking to take over Northvolt's stake in their Swedish battery-making joint venture NOVO but will need a new partner to keep plans for a gigafactory on track, the Chinese-owned ...
Volvo Cars, the Chinese-owned automaker, has announced that it is seeking to take over Northvolt's stake in their Swedish battery-making joint venture NOVO. The move comes as Northvolt, once hailed as ...