Europe’s “green dream” Northvolt has filed for bankruptcy protection in the US after a rescue package failed to go through, leaving the battery maker with just one week’s worth of cash in the account.
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 transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a ...
Embattled green tech player Northvolt has missed some in-house targets and has curtailed production at its battery cells ...
Sweden’s Northvolt AB hired restructuring expert Paul O’Donnell to oversee its main factory unit, as time runs short for the ...
An aerial view of the land being developed by Northvolt, the new EV battery plant being built by the Swedish manufacturer in Saint-Basile-le-Grand, east of Montreal, Que.,Thursday, May 16 ...
Northvolt said its Canadian subsidiary is financed separately and "will continue to operate as usual outside of the Chapter 11 process." Northvolt AB has filed for bankruptcy protection in the ...
Northvolt AB has filed for bankruptcy protection in the United States, but said the move will not jeopardize the manufacturer ...