COPENHAGEN (Reuters) - The head of Sweden's Northvolt Ett plant, Mark Duchesne, is stepping down with immediate effect, the ...
Northvolt AB sought bankruptcy protection for one of its units in a bid to limit the financial fallout from the troubled battery maker’s now-halted expansion in northern Sweden. Northvolt Ett ...
STOCKHOLM (Reuters) -Swedish battery maker Northvolt will be able to pay its taxes that fall due on Oct. 14, it told Reuters ...
Northvolt is close to securing a $300 million funding package from a consortium of investors, shareholders and customers to meet short-term requirements amid a slowdown in demand for batteries, a ...
Northvolt AB is closing in on a $300 million rescue package that includes debt and equity, according to people familiar with the matter, buying time for the cash-strapped Swedish battery maker to ...
STOCKHOLM, Oct 14 (Reuters) - Swedish battery maker Northvolt said on Monday it had paid a monthly tax bill for October, in line with a company statement last week, as doubts had emerged in media ...
Sweden’s Northvolt AB is likely to complete an expected funding round of about $300 million next week, as the troubled battery-cell maker races to get its finances on a more stable footing ...
More than 400 white-collar workers will be laid off from Northvolt, split across the battery manufacturer's sites in Skellefteå, Stockholm and Västerås. The Unionen union confirmed to the TT newswire ...
With a $300 million bailout in its sights, Northvolt AB appears to have dodged a major threat to its existence. Yet longer term prospects for the debt-laden battery maker remain fraught.
(Bloomberg) -- Northvolt AB is closing in on an about $300 million rescue package that includes debt and equity, according to people familiar with the matter, buying time for the cash-strapped ...
STOCKHOLM (Reuters) - A subsidiary of Sweden's Northvolt filed for bankruptcy on Tuesday after the project it was developing was cancelled, court filings showed, while the rest of the cash ...
LONDON/BERLIN/STOCKHOLM, Oct 11 (Reuters) - Northvolt is in talks with investors and lenders to secure about 200 million euros ($218 million) in short-term funding ...