Battery maker Northvolt filed for bankruptcy on March 12th after months of financial struggle. How will employees be affected ...
This move comes amid geopolitical instability, rising capital costs, supply chain disruptions, and shifts in market demand.
Northvolt Revolt AB and Northvolt Systems AB — filed with the Swedish court. Northvolt Germany and Northvolt North America are not filing for bankruptcy in their respective jurisdictions ...
Northvolt AB filed for bankruptcy in Sweden, bringing to an end a company that was once seen as the future of Europe’s battery production.
Swedish battery maker Northvolt AV has filed for bankruptcy, done down by rising capital costs, geopolitical instability, ...
Crisis-hit Swedish battery maker Northvolt applied for bankruptcy on Wednesday and announced it was working to secure ...
Northvolt has announced more bad news. The parent company Northvolt AB and several subsidiaries have filed for bankruptcy in Sweden, despite the ongoing ...
The main operational entities Northvolt AB and Northvolt Ett AB — as well as Northvolt Labs AB, Northvolt Revolt AB and Northvolt Systems AB — filed with the Swedish court. Northvolt Germany and ...
Rising capital costs, lower demand and geopolitical instability with subsequent supply-chain disruptions all added to the ...
"The Board therefore determined that this is the only available solution while the company pursues all realistic options to ...
Northvolt sought U.S. Chapter 11 bankruptcy protection last November as its cash pile dwindled, in a bid to secure funds to fix persistent problems in boosting output at its flagship plant in ...
Following an exhaustive effort to explore all available means to secure a viable financial and operational future for the ...