The chief executive of Northvolt stepped down on Friday, shortly after the Swedish battery maker filed for Chapter 11 bankruptcy protection in the U.S. Stream Connecticut News for free, 24/7, wherever ...
When is raising $14 billion not enough? When you’re a battery startup. Northvolt, Europe’s attempt at building a competitor to Asia’s battery manufacturing powerhouses, announced on Monday that it had ...
“Tough” decisions needed to safeguard Northvolt’s future, said the company’s CEO. Swedish battery company Northvolt announced Monday it is cutting 25 percent of its workforce in Sweden, or 1,600 ...
"Northvolt's liquidity picture has become dire," the company said in its Chapter 11 petition. Northvolt, a Swedish-based lithium-ion battery manufacturer backed by Volkswagen Group and others, has ...
The chief executive of Northvolt stepped down on Friday, shortly after the Swedish battery maker filed for Chapter 11 bankruptcy protection in the U.S. Peter Carlsson, who co-founded Northvolt and led ...
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