Weeks after Lucky Bhaskar, a tale of a bank employee whose greed nearly leads to his downfall, another film centred on financial fraud in the banking sector, Zebra, is out in theatres ...
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
In this piece, we will look at where Zebra Technologies Corporation (NASDAQ:ZBRA) ranks on the list. With the 2024 US Presidential Election having come to a close, Wall Street can now focus on the ...
That project has received hundreds of millions of taxpayer dollars, so many are naturally worried. Northvolt is partly a victim of a context in which there is a global slowdown in demand for ...
Nonetheless, concerns around Northvolt’s financial solvency have raised questions about a project to which Quebec and Ottawa have pledged $2.4 billion in funding. In September, Northvolt ...
Ex-Tesla executive Peter Carlsson is stepping down as Northvolt CEO after the battery maker filed ... [+] for US Chapter 11 bankruptcy protection this week. Photo by Gregor Fischer/Getty Images.
The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles. By Jack Ewing and Melissa Eddy Jack Ewing reported from New York and Melissa Eddy ...
Northvolt needs $1.2bn to continue operations. It’s a telling number after the Swedish battery manufacturer secured $15bn in funding, which has delivered none of its promised battery capacity ...
"Northvolt Germany and Northvolt North America, subsidiaries of Northvolt AB with projects in Germany and Canada, are financed separately and will continue to operate as usual outside of the ...
STOCKHOLM, Nov 22 (Reuters) - Sweden's Northvolt said on Thursday it will seek U.S. Chapter 11 bankruptcy protection as the cash-strapped battery start-up seeks to sort out its finances.
Northvolt co-founder and CEO of Northvolt North America, which oversees the project, in an interview. Your Midday Sun Your noon-hour look at what's happening in Toronto and beyond. “Activity on ...
The chief executive of Northvolt Ett, the company’s only functioning plant, stepped down last month after operational setbacks that fed the company’s cash crisis. The plant’s expansion project, ...