Browsing: Northvolt
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…
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
By Robin Cannon
Swedish battery manufacturer Northvolt has appointed Paul O’Donnell, an expert in corporate restructuring, to lead its Northvolt Ett factory in…
The Swedish government has no plans to take an ownership stake in Northvolt, the lithium-ion battery maker facing financial challenges,…
China’s push to diversify electric vehicle (EV) battery chemistries has reached a new milestone with sodium-ion technology, which could address…
Swedish Battery Maker Northvolt Explores Bankruptcy Protection in U.S. Amid Financial Challenges
By Derick Munoz
Swedish lithium-ion battery manufacturer Northvolt is reportedly considering bankruptcy protection under the U.S. Chapter 11 code as one of several…
Swedish truck manufacturer Scania is in discussions with various battery cell producers to secure supplies for its future electric vehicle…
Lyten, a U.S.-based battery developer, is set to acquire Northvolt subsidiary Cuberg’s production facility in San Leandro, California, in a…
The head of investments at German automaker Volkswagen, Sven Fuhrmann, is stepping down from his position on the board of…
Volvo Cars announced Wednesday it will exercise its option to acquire Northvolt’s stake in their joint battery venture, NOVO Energy,…