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Bankrupt Swedish battery maker Northvolt had stepped up production of high-quality battery cells at its Skellefteå plant ...
Many of Northvolt's creditors will lose a lot of money in the Swedish battery maker's bankruptcy, the process trustee said on Friday, adding the sale of the business to U.S. battery startup Lyten is a ...
Goldman Sachs Asset Management is actively involved in trying to find a solution to Northvolt’s liquidity crisis, the people said, asking not to be identified because the fundraising talks are ...
Until last year, things looked pretty good for Northvolt, a Sweden-based battery startup that Europeans saw as their answer ...
The company's debt totalled around $8 billion. Unsecured creditors include major shareholders Goldman Sachs and Volkswagen, whose brands Scania, Porsche and Audi, were among Northvolt's customers.
By Marie Mannes and Alessandro Parodi STOCKHOLM (Reuters) -Silicon Valley startup Lyten said on Thursday it had agreed to buy bankrupt Northvolt's remaining assets in Sweden and Germany, potentially ...
Silicon Valley startup Lyten said on Thursday it had agreed to buy bankrupt Northvolt's remaining assets in Sweden and Germany, potentially reviving Europe's hopes of building a domestic electric ...