It is a huge blow to Sweden's north, particularly the small town of Skelleftea, home to the Northvolt Ett factory. "It's obvious that a lot has gone wrong, and the price is now being paid by our ...
Things looked even worse for the factory in Skellefteå, Northvolt Ett, which made a loss before tax of over 22 billion. Norran has seen documents in connection with the chapter 11 process in the ...
COPENHAGEN (Reuters) - The head of Sweden's Northvolt Ett plant, Mark Duchesne, is stepping down with immediate effect, the Swedish battery maker said on Wednesday. Angeline Bilodeau, the vice ...
STOCKHOLM—Truck maker Scania agreed to buy Northvolt’s heavy industry business, as the battery maker continues to work through a restructuring process. “This acquisition will provide access ...
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.
Since November, Scania has sent members of staff to Northvolt's Ett plant in Skelleftea, 200 kilometres below the Arctic Circle, according to internal Northvolt documents reviewed by Reuters ...
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 ...
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