STOCKHOLM, March 21 (Reuters) - Northvolt's bankruptcy trustee said on Friday it had made "significant" progress in negotiating the continuation of operation of the electric vehicle battery maker ...
Battery maker Northvolt has filed for bankruptcy in Sweden, dealing a blow to Europe’s battery manufacturing capabilities. The firm said that it had made an “exhaustive effort…to secure a ...
Hosted on MSN15d
Northvolt bankruptcy strikes blow to Sweden's northern boom townNorthvolt'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 ...
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 ...
Fuelled by $15bn in financing, Northvolt was supposed to be Europe’s great battery success story — a homegrown champion capable of competing with Asian and American giants. So when ...
The day after the bankruptcy announcement, the atmosphere at Northvolt’s gates in Skellefteå was subdued. Many of the employees are so-called third-country nationals, meaning they come from outside ...
When it comes to electric vehicle batteries, the outlook is especially bleak. Sweden’s Northvolt AB was long seen as a real contender to the Chinese companies that make most of the world’s EV ...
Northvolt's battery factory in Skellefteå. Photo: Jonas Westling/TT A new update from the Swedish Migration Agency reveals that it's not yet clear what's going to happen to the many work permit ...
När Northvolt gick i konkurs jobbade närmare 3 000 på batterifabriken i Skellefteå. Av dem är 395 tjänstemän och 700 arbetare med arbetstillstånd enligt uppgifter från Northvolt.
The Ontario Municipal Employees Retirement System booked a loss on its $325 million investment in Northvolt AB, the Swedish electric vehicle battery maker that filed for bankruptcy protection last ...
Northvolt North America says it remains solvent and intends to honour its obligations, including toward its employees. It’s unclear whether Northvolt North America’s electric vehicle battery ...
Earlier this week, the Caisse de Depot et Placement du Quebec disclosed that it wrote down its $150 million investment in Northvolt to zero, and Investment Management Corp. of Ontario has also ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback