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Sweden's Northvolt files for bankruptcy
Sweden's Northvolt files for bankruptcy, in blow to Europe's EV ambitions
Northvolt, the Swedish maker of battery cells for electric vehicles, said on Thursday it has filed for Chapter 11 bankruptcy protection in the U.S., dealing a blow to Europe's hopes that its most developed battery player would reduce Western car makers' reliance on Chinese rivals.
Northvolt CEO steps down following bankruptcy filing
Company co-founder Peter Carlsson steps down from CEO position at Northvolt in the wake of Chapter 11 announcement in the United States. The Swedish battery maker has embarked on a debt restructuring process and is seeking new sources of funding.
Northvolt CEO resigns a day after bankruptcy filing in U.S.
Northvolt CEO Peter Carlsson, who has run the Swedish-based battery company since it was founded in 2016, announced his resignation on Friday. The announcement comes one day after the beleaguered company announced it had filed for bankruptcy protection in the United States.
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Northvolt CEO Resigns, Company On Verge Of Bankruptcy
Sweden's financially-strained electric car battery maker Northvolt announced Friday the resignation of its CEO Peter Carlsson, hours after the company sought bankruptcy protection in the US while it ...
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Intrum files for bankruptcy in US to restructure $4.5 billion debt pile
Intrum , Europe's biggest debt collector, on Friday said it had filed for Chapter 11 bankruptcy in the United States in a bid ...
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on MSN
Big Lots closing 19 more stores as retailer navigates Chapter 11 bankruptcy
Big Lots announced in September that the company filed for Chapter 11 bankruptcy protection and planned on closing more than ...
Dagens News (US) on MSN
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On the Verge of Bankruptcy: American Auto Parts Giant to Close 727 Stores
The American auto parts chain Advance Auto Parts has announced it will close 727 stores and four logistics centers as part of ...
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on MSN
Spirit Airlines Files for Bankruptcy — What That Means for Holiday Travel Plans
Florida-based airline Spirit Airlines, known for its low cost fares, confirmed the “prearranged” filing is part of a ...
AeroTime
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Spirit Airlines reassures customers as carrier files for bankruptcy protection
Ultra-low-cost carrier Spirit Airlines has reassured customers of its future despite filing for bankruptcy protection in the ...
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