Northvolt, the Swedish maker of battery cells for electric vehicles, said on Thursday it has filed for Chapter 11 bankruptcy ...
Contemporary Amperex Technology Co. Ltd., the world’s largest manufacturer of electric car batteries, has no plans to invest ...
This move is part of a strategic effort to restructure debt, scale operations and secure a sustainable foundation for ...
The Swedish government does not plan to take a stake in battery maker Northvolt, Sweden's Minister for Energy, Business and ...
Northvolt, a major Swedish battery maker, filed for bankruptcy in the U.S., seeking to restructure the debt it had taken on ...
Sweden’s Northvolt AB hired restructuring expert Paul O’Donnell to oversee its main factory unit, as time runs short for the ...
Northvolt has just $30 million in cash and $5.84 billion in debt, but says it can emerge from restructuring in Q1 2025 ...
Bankrupt battery maker Northvolt had relationships with some of the best-known electric aviation start-ups but whether its ...
The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles.
Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a ...
Swedish battery manufacturer Northvolt has filed for bankruptcy, dashing Europeans' hopes for local battery production and ...
I t was supposed to be a battery pioneer, a symbol of European competitiveness and an example of industrial policy done right ...