Northvolt, the Swedish maker of battery cells for electric vehicles, said on Thursday it has filed for Chapter 11 bankruptcy ...
Bankrupt battery maker Northvolt had relationships with some of the best-known electric-aviation start-ups. Whether its ...
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
Northvolt has just $30 million in cash and $5.84 billion in debt, but says it can emerge from restructuring in Q1 2025 ...
Northvolt has appointed restructuring expert Paul O'Donnell to oversee the lithium-ion battery maker's main facility in ...
He isn't the only one to lose his job (and actually he will remain on the board and take on a role as senior advisor), the ...
The chief executive of Northvolt stepped down on Friday, shortly after the Swedish battery maker filed for Chapter 11 ...
Despite filing for bankruptcy protection in the United States, Northvolt is moving forward with the construction of its plant ...
Sweden’s Northvolt AB hired restructuring expert Paul O’Donnell to oversee its main factory unit, as time runs short for the ...
The Swedish government maintained that it has no plans to rescue ailing battery-cell maker Northvolt AB, instead pinning its ...
Northvolt enters Chapter 11 reorganization to secure $145 million cash collateral and $100 million financing. Operations in ...
The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles.