Kirkland & Ellis and A&O Shearman are advising Swedish battery maker Northvolt as it enters Chapter 11 restructuring ...
The decision to seek Chapter 11 appears to have come because of the failure of talks with investors and creditors and simply because the money was running out. Northvolt has certainly bought itself ...
Peter Carlsson has resigned as CEO of Swedish battery manufacturer Northvolt, just one day after the company filed for Chapter 11 bankruptcy protection in the United States. Carlsson, who co-founded ...
Northvolt’s ambition was to challenge the dominance of Asian battery makers, such as CATL and BYD in China. The company ...
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
Volkswagen has written down the majority of its 21 per cent stake in Northvolt over the past year ahead of the Swedish ...
The write down reflects the challenges faced by Northvolt, including missed production targets and a slower-than-expected ...
Planned $7 million lithium-ion battery gigafactory in southern Quebec secured as “essential” to Swedish battery-maker’s ...
For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse ...