Northvolt’s Collapse Countdown Started With BMW Pulling the Plug
For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse ...
Goldman Funds Take $900 Million Hit on Northvolt, FT Says
Funds managed by Goldman Sachs Asset Management are set to write off almost $900 million on investments in Swedish battery ...
devdiscourse2d
Northvolt's Strategic Move: Chapter 11 Reorganization
Northvolt enters Chapter 11 reorganization to secure $145 million cash collateral and $100 million financing. Operations in ...
autoweek on MSN1d
Northvolt Files for Bankruptcy, CEO Departs
Northvolt's US unit files for Chapter 11 bankruptcy protection as CEO Peter Carlsson, who has led the startup since ...
Scania says it will lend Northvolt $100 mln under US Chapter 11 bankruptcy deal
Swedish truckmaker Scania said on Thursday it will lend Northvolt $100 million as part of the struggling Swedish battery ...
devdiscourse1d
Northvolt's Crisis: From EV Hope to Chapter 11
Northvolt's CEO Peter Carlsson steps down as the company files for Chapter 11 bankruptcy, seeking $1.2 billion to recover from production and funding struggles. The company aims to reorganize and ...