Northvolt AB filed for bankruptcy protection in the US after a desperate bid to secure rescue funding fell short, leaving the ...

Company misses several internal production targets since mid-Sept - documents Battery maker will not meet goal of producing 100,000 good-quality cells per week by year-end Northvolt suspended ...

Northvolt, a major Swedish battery maker, filed for bankruptcy in the U.S., seeking to restructure the debt it had taken on to pay for its rapid expansion. Stockholm-based Northvolt said it had ...

Northvolt calls its liquidity situation "dire" Operations to continue during restructuring, expected completion by Q1 2025 Scania lends $100 million for bankruptcy process Nov 21 (Reuters ...

The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles. By Jack Ewing and Melissa Eddy Jack Ewing reported from New York and Melissa Eddy ...

STOCKHOLM, Nov. 21, 2024 /PRNewswire/ -- Northvolt AB and certain of its subsidiaries ("Northvolt") voluntarily filed for Chapter 11 reorganization in the United States. By enabling the company to ...

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 ...