Northvolt’s bankrupt subsidiary owes nearly SEK 7 billion, mostly to suppliers like construction and equipment companies.Northvolt has cut jobs, filed ...
Brussels said it would prioritize issuing grants to EV battery manufacturers that were less dependent on Chinese supply ...
Swedish battery maker Northvolt seeks Chapter 11 protection in the U.S. due to $5.8 billion debt against a meager $30 million ...
Northvolt, the Swedish maker of battery cells for electric vehicles, on Nov. 21 filed for Chapter 11 bankruptcy protection in ...
Northvolt is considering the sale of its electric battery pack business due to financial strain, as indicated in an internal ...
Northvolt has held talks with a big industrial company on selling the business that makes electric battery packs for heavy industry, as a lack of funds forces it to try to divest one of its few ...
The Northvolt dilemma: can European EVs avoid relying on Asian batteries? On X, follow Richard Milne ( @rmilneNordic) and Michela Tindera ( @mtindera07 ), or follow Michela on LinkedIn for updates ...
German Economy Minister Robert Habeck dismissed speculation that electric vehicle battery manufacturer Northvolt's bankruptcy ...
The press conference is to provide an update on the efforts to support affected individuals and local businesses in light of ...
Northvolt, once the poster child of the European battery industry, shocked the world last month by filing for Chapter 11 in the United States. The Swedish battery start-up burned through billions of ...
Portuguese energy company Galp has decided not to realise the lithium conversion plant in Portugal that was planned together ...
Germany will assume more than 600 million euros ($629 million) of debt that its development bank extended to Northvolt AB for the construction of a battery plant in the country.