Browsing: Bankruptcy
Electric mobility investor Ideanomics has filed for Chapter 11 bankruptcy protection in Delaware, USA, as it seeks a buyer for…
Northvolt Files for Bankruptcy, Risks Impacting European Automakers’ Production Schedules
In a significant setback for Europe’s efforts to reduce dependence on Chinese battery suppliers, Swedish battery manufacturer Northvolt filed for…
Volkswagen, Northvolt’s largest shareholder, has significantly written down the value of its 21% stake in the Swedish battery cell manufacturer…
Funds managed by Goldman Sachs (GS.N) will write off nearly $900 million after Swedish lithium-ion battery producer Northvolt filed for…
Fisker has issued a recall for 7,745 Ocean electric SUVs due to a transmission defect that could cause the vehicle…
Northvolt, the Swedish electric vehicle battery maker, announced on Friday that its CEO and co-founder, Peter Carlsson, is stepping down,…
Canada will not be making further investments in Northvolt, the Swedish electric vehicle battery maker, following its bankruptcy filing in…
Northvolt Appoints Restructuring Expert Amid Financial Struggles and Production Challenges
Swedish battery manufacturer Northvolt has appointed Paul O’Donnell, an expert in corporate restructuring, to lead its Northvolt Ett factory in…
Capital Metro, the public transport operator in Austin, Texas, has decided to store 46 newly delivered ZX5 electric buses from…
e.Volution GmbH, the parent company of StreetScooter, has filed for provisional insolvency after announcing the discontinuation of production at its…
The Swedish government has no plans to take an ownership stake in Northvolt, the lithium-ion battery maker facing financial challenges,…
Swedish Battery Maker Northvolt Explores Bankruptcy Protection in U.S. Amid Financial Challenges
Swedish lithium-ion battery manufacturer Northvolt is reportedly considering bankruptcy protection under the U.S. Chapter 11 code as one of several…