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.
Northvolt has been discussing the possibility of filing for Chapter 11 bankruptcy protection in the United States as one of several options for survival, two sources familiar with the matter told ...
(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.
Embattled green tech player Northvolt has missed some in-house targets and has curtailed production at its battery cells plant in northern Sweden, according to internal company documents and company ...