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The future of battery manufacturer Northvolt's planned factory in northern Germany has been cast into doubt after the Swedish company filed for bankruptcy on Wednesday. Operations for Northvolt's ...
Northvolt can continue its operations, albeit not at full capacity. The company's bankruptcy trustee has secured the ...
[Stay on top of transportation news: Get TTNews in your inbox.] Bankrupt battery maker Northvolt AB will continue to operate in Sweden with a staff of 1,700 while its remaining employees will be ...
When Northvolt filed for bankruptcy in the US, it showed $8 billion of debt across all of its entities. "This was a decision we did not take lightly," Northvolt Chairperson Tom Johnstone told a ...
STOCKHOLM (Reuters) -Battery cell maker Northvolt has filed for bankruptcy in Sweden, the company said on Wednesday, marking one of the country's largest corporate failures and effectively ending ...
STOCKHOLM–Swedish battery maker Northvolt filed for bankruptcy in Sweden after it failed to secure the financial backing needed to continue operating. A Swedish court-appointed trustee will now ...
[Stay on top of transportation news: Get TTNews in your inbox.] Northvolt AB filed for bankruptcy in Sweden, bringing to an end a company that was once seen as the future of Europe’s battery ...
The company and its assets will be sold after it filed for bankruptcy in Sweden, sinking Europe’s best hope for competing against Asian rivals. By Melissa Eddy Melissa Eddy covers European ...
Bankrupt battery maker Northvolt AB will continue to operate in Sweden with a staff of 1,700 while its remaining employees will be laid off. “Despite significant reductions, it is positive that ...