In November last year, Northvolt filed what are called "first-day motions" with the court in Houston. This allowed the company to continue meeting its obligations to employees, critical suppliers, and ...

Sweden’s state-owned pension investors, collectively known as the AP Funds, have fully written down their entire investment in bankrupt battery maker Northvolt AB. The funds had invested 5.8 ...

Investment Management Corp. of Ontario has written down its US$400 million investment in Northvolt AB, the electric vehicle battery maker that filed for bankruptcy protection last year, according to ...

Northvolt, once considered Europe's best hope for a battery champion, filed for U.S. Chapter 11 bankruptcy protection in November last year. "The purchase consideration rounds to 0 m SEK.

(Reuters) - (This Feb. 6 story has been corrected to say Volvo 'will pay Northvolt almost nothing,' not 'will not pay Northvolt,' in the headline and paragraph 1, and to say 'purchase price is ...

Northvolt intends to focus on its primary battery cell production business. Credit: Jeppe Gustafsson/Shutterstock. Swedish EV battery maker Northvolt has reached an agreement with Volvo Cars to ...

Volvo Cars will not pay Northvolt any money for its 50% stake in their battery venture Novo Energy that it had agreed to acquire, according to the automaker's quarterly report on Thursday.

Scania is supporting Northvolt's operations in Sweden Scania staff heavily involved in day-to-day running of Northvolt Ett plant, documents Northvolt faces financial struggles, needs $1.29 bln to ...

Swedish EV battery maker Northvolt has reached an agreement with Volvo Cars to sell its stake in their Swedish battery-making joint venture, Novo Energy. The two companies will also explore ...

(Bloomberg) -- Northvolt AB has yet to line up investors willing to commit funds to allow the Swedish battery maker to emerge from Chapter 11 bankruptcy protection, according to people familiar ...

Sweden’s state-owned pension fund AP2 has written down its entire stake in bankrupt battery maker Northvolt AB, according to the fund’s annual report. AP2, which has been a shareholder of ...

Cerruti will retain his role as chairman of the board of the Canadian entity, the statement said, adding that "Paolo will continue to support the growth and success of Northvolt North America from ...