Northvolt has announced more bad news. The parent company Northvolt AB and several subsidiaries have filed for bankruptcy in Sweden, despite the ongoing ...
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Northvolt to divest stake in battery venture to VolvoNorthvolt, currently under US bankruptcy protection ... is not anticipated to affect its other planned investments or cash flow goals. The completion of the deal will settle any outstanding ...
Investment Management Corp. of Ontario has written down its $400 million investment in Northvolt AB, the electric vehicle battery maker that filed for bankruptcy protection last year, according to ...
"This was a decision we did not take lightly" and it was the only "realistic path forward," Northvolt Chairman Tom ... protection in November as its cash pile dwindled and it scrambled to secure ...
on Nov. 21 filed for Chapter 11 bankruptcy protection in the United States with debts of $5.8 billion and only $30 million in cash. Exclusive: Northvolt seeks to sell electric industrial battery ...
STOCKHOLM: Northvolt has held talks with a big industrial ... for US Chapter 11 protection after talks to raise additional cash from stakeholders failed. It needs up to US$1.2bil in external ...
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