Bangladeshi MD Furkanul Islam, 31, holds a master’s degree in AI and robotics.In November, he was laid off by Northvolt. To ...
On Tuesday evening, reports spread quickly that battery manufacturer Northvolt may be nearing bankruptcy, with Dagens Nyheter ...
Northvolt sought U.S. Chapter 11 bankruptcy protection last November as its cash pile dwindled, in a bid to secure funds to fix persistent problems in boosting output at its flagship plant in ...
STOCKHOLM—Truck maker Scania agreed to buy Northvolt’s heavy industry business, as the battery maker continues to work through a restructuring process. “This acquisition will provide access ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Northvolt has agreed to sell its industrial battery unit to Swedish truckmaker Scania, as Europe’s ...
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Swedish Battery Maker Northvolt Files for Chapter 11 ProtectionNorthvolt, a major Swedish battery maker, filed for bankruptcy in the U.S., seeking to restructure the debt it had taken on to pay for its rapid expansion. Stockholm-based Northvolt said it had ...
Investment Management Corp. of Ontario has written down its $400 million investment in Northvolt AB, the electric vehicle battery maker that filed for bankruptcy protection last year, according to ...
Northvolt’s Systems Industrial division is engaged in providing battery modules and systems for various industries. Credit: Northvolt AB. Sweden’s Northvolt has agreed to divest its Systems ...
Northvolt is seeking to restructure its business. Photo: Henrik Montgomery/TT Sweden's troubled battery maker Northvolt has asked for an extension in its Chapter 11 process in the United States.
Serafeim, George, Debora L. Spar, and Julia M. Comeau. "Northvolt: Building Batteries to Fight Climate Change." Harvard Business School Case 323-042, November 2022. (Revised March 2024.) ...
Sweden's Northvolt has agreed to sell a business that makes electric battery packs for heavy industry, one of its few profitable units, to its customer and partner Scania, the two companies said ...
Sweden's Northvolt has agreed to divest its Systems Industrial division, a key developer and manufacturer of battery systems for heavy industry sectors. Northvolt’s Systems Industrial division ...
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