Sweden’s state-owned pension investors, collectively known as the AP Funds, have fully written down their entire investment in bankrupt battery maker Northvolt AB. The funds had invested 5.8 billion ...
Northvolt, a Swedish-based lithium-ion battery manufacturer backed by Volkswagen Group and others, has filed for bankruptcy protection in the United States. The company was hailed as one of Europe's ...
[Stay on top of transportation news: Get TTNews in your inbox.] Bankrupt battery maker Northvolt AB will stop production at its last remaining factory in northern Sweden at the end of June if it fails ...
STOCKHOLM/BERLIN/FRANKFURT (Reuters) -Northvolt asked more than 100 shareholders at a meeting this month to provide $1.29 billion over the next two years to help restore the bankrupt Swedish battery ...
COPENHAGEN (Reuters) -Northvolt's CEO and co-founder Peter Carlsson stepped down on Friday, a day after Europe's biggest hope for an electric vehicle battery champion filed for U.S. Chapter 11 ...
The chief executive of Northvolt stepped down on Friday, shortly after the Swedish battery maker filed for Chapter 11 bankruptcy protection in the U.S. Peter Carlsson, who co-founded Northvolt and led ...
(Bloomberg) -- Northvolt AB’s tribulations are causing headaches far beyond its home base of Sweden, as taxpayer-supported EV battery projects face delays stretching from Germany to Canada. A €5 ...
Add Yahoo as a preferred source to see more of our stories on Google. Northvolt logo is pictured in the Northvolt office in Stockholm STOCKHOLM (Reuters) - Swedish lithium-ion battery maker Northvolt ...