For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse ...
Volkswagen , Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker ...
The write down reflects the challenges faced by Northvolt, including missed production targets and a slower-than-expected ...
Stockholm-based company pinning recovery hopes partly on Quebec plant as court-monitored restructuring process begins ...
The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles.
VWAGY significantly reduces its 21% stake in Northvolt and signs a contract with Novonix to procure synthetic graphite ...
Sweden's Northvolt said on Thursday it will seek U.S. Chapter 11 bankruptcy protection as the cash-strapped battery start-up seeks to sort out its finances.
Quebec Economy Minister Christine Fréchette is reassuring the province following the announcement that Northvolt, the Swedish ...
MONTREAL – Northvolt AB has filed for bankruptcy protection in the United States, but said the move will not jeopardize the ...
FREE TO READ] Governments, carmakers and investors must recraft the region’s strategy after the fall of the Swedish group ...
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The Northvolt plant, dubbed Northvolt Six and slated for construction about 25 kilometres east of Montreal, is a $7-billion undertaking that aims to churn out battery cells and cathode active ...