STOCKHOLM–Swedish battery maker Northvolt filed for bankruptcy in Sweden after it failed to secure the financial backing needed to continue operating. A Swedish court-appointed trustee will now ...
STOCKHOLM (Reuters) -Truckmaker Scania is willing to go ahead with purchasing the only profitable business of bankrupt battery maker Northvolt for $6 million, it said on Wednesday. Northvolt filed ...
The company and its assets will be sold after it filed for bankruptcy in Sweden, sinking Europe’s best hope for competing against Asian rivals. By Melissa Eddy Melissa Eddy covers European ...
When Northvolt filed for bankruptcy in the US, it showed $8 billion of debt across all of its entities. "This was a decision we did not take lightly," Northvolt Chairperson Tom Johnstone told a ...
STOCKHOLM (Reuters) -Battery cell maker Northvolt has filed for bankruptcy in Sweden, the company said on Wednesday, marking one of the country's largest corporate failures and effectively ending ...
Northvolt's problems have sent shockwaves across Sweden's north, with several local authorities seeking more financial support from the central government almost 500 miles (805 km) away. "This was ...
[Stay on top of transportation news: Get TTNews in your inbox.] Northvolt AB filed for bankruptcy in Sweden, bringing to an end a company that was once seen as the future of Europe’s battery ...
STOCKHOLM, March 11 (Reuters) - Northvolt, the Swedish maker of battery cells for electric vehicles, may be close to filing for bankruptcy in Sweden, Swedish newspaper Dagens Nyheter (DN ...