Investment Management Corporation of Ontario has written down its $400 million investment in Northvolt. It is the latest ...
Company filed for bankruptcy in November Northvolt needs $1.29 billion until 2027, sources say Slightly above the $1-$1.2 bln range given before Asian partner likely ...
Fears of non-compliance with financial obligations reached such a dimension that on 11 October 2024 Northvolt was forced to ...
Northvolt's co-founder Paolo Cerruti will step down from his role as chief executive officer of its North American division, the Swedish electric-vehicle battery maker said on Thursday. Karen Chang — ...
A community member has joined in denouncing the expected construction of an electric car battery plant before Quebec Superior ...
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.
Truckmaker Scania has stepped in to help Northvolt with the day-to-day running of its flagship plant in northern Sweden, a ...
Founders Peter Carlsson and Paolo Cerruti, former Tesla executives, brought with them extensive experience in managing global ...
Battery manufacturer Northvolt is facing approximately 600 payment claims in a US court, totalling billions of kronor. – Of ...
Northvolt intends to pay employee bonuses to prevent staff attrition, while simultaneously refusing to compensate contracted ...
In response to Reuters' questions, Northvolt said "numerous parties" had submitted indications of interest in its financing process. "The company and its advisers are engaged in productive ...
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