Former U.S. President Donald Trump has reignited the debate over the Keystone XL Pipeline, expressing his desire to see the project revived and completed. In recent statements made via social media, ...
Drawing on lessons from the past including the recent collapse of Northvolt, Europe’s biggest battery hope, Popham said previous attempts had been too ambitious in terms of technology ...
Industrial battery manufacturer Northvolt sold the Northvolt Systems Industrial business unit to truck manufacturer Scania to achieve operational efficiency and cost reduction. The transfer of ...
The Swedish battery maker Northvolt AB filed for bankruptcy protection in the US in November. The company’s market value peaked at $29 billion in the days after it began trading, but it fell to ...
Northvolt spokesman Erik Zsiga told AFP the company had requested an extension, but still aimed "to finalise the Chapter 11 process in the first quarter." "But we also need to act to have ...
The Swedish battery maker Northvolt AB filed for bankruptcy protection in the US in November. With its bankruptcy filing, Nikola is seeking authorization to pursue an auction and sale process, the ...
Northvolt is seeking to restructure its business. Photo: Henrik Montgomery/TT Sweden's troubled battery maker Northvolt has asked for an extension in its Chapter 11 process in the United States.
Several firms recently in the news—for the wrong reasons—rank lowest. Northvolt, a first-time entrant, receives a very low score, with only 2 percent expressing high or fairly high trust in its ...
Northvolt Systems Industrial was founded by Northvolt in 2018 and currently employs around 300 people at a prototype facility for battery systems in Stockholm and at the production facility in Gdansk.
Northvolt has filed a motion to the US Bankruptcy Court for the Southern District of Texas, seeking an extension to the period during which it may remove actions by 120 days, until June 19, according ...
Nikola NKLA-Q said on Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of its assets, the latest electric-vehicle maker to stumble after grappling with tepid ...
Swedish truck manufacturer Scania is set to acquire Northvolt’s Systems Industrial division, a battery system developer for heavy industry, as part of Northvolt’s strategic shift towards large-scale ...