Investment Management Corporation of Ontario has written down its $400 million investment in Northvolt. It is the latest ...
By Marie Mannes, Christina Amann and Emma-Victoria Farr STOCKHOLM/BERLIN/FRANKFURT (Reuters) - Northvolt asked more than 100 shareholders at a meeting this month to provide $1.29 billion over the next ...
Truckmaker Scania has stepped in to help Northvolt with the day-to-day running of its flagship plant in northern Sweden, a ...
Founders Peter Carlsson and Paolo Cerruti, former Tesla executives, brought with them extensive experience in managing global ...
Northvolt, a Swedish battery maker, seeks $1.29 billion from shareholders to revive operations after filing for Chapter 11 bankruptcy. Facing cash exhaustion by February, the company is in talks with ...
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 ...
It’s reportedly reached out to rivals such as China’s Contemporary Amperex Technology Co. Ltd. Northvolt’s major shareholders include Volkswagen AG and Goldman Sachs Group Inc.’s asset ...
Death of three Northvolt staff not linked to the company, police say December 16, 2024 Europe, home to carmakers such as Volkswagen and Stellantis, has seen its push to attract electric vehicle ...
Scania, controlled by Volkswagen’s commercial vehicles arm Traton Group, depends on Northvolt for battery cells for its ...
Northvolt's shareholders include Goldman Sachs and BMW as well as customers Volkswagen and Scania. It is not clear which investors were present at the meeting. The two sources said the ...