Bloomberg L.P.13h
Northvolt Pays November Tax Bill; Bridge Funding Talks Ongoing
Sweden’s Northvolt AB met its latest financial deadline, paying a tax bill that fell due on Monday as the battery maker ...
Northvolt’s Champions Are in No Rush to Save Swedish Battery Firm
The ailing EV supplier was hailed as a green-industry beacon during its rise, but the government is reluctant to bail out ...
VW Representative Exits Cash-Strapped Northvolt’s Board
Volkswagen AG’s representative has left the board of Northvolt AB, adding to the uncertainty around the cash-strapped battery maker as it tries to raise funds.
Ripple effect? Northvolt crisis drives record bankruptcy surge in Sweden in October
Northvolt's financial crisis drives Swedish bankruptcies to record highs, impacting suppliers, investors, and job markets ...
electrive13d
Northvolt holds onto prospect of short-term financial boost of $300 million
The Swedish battery manufacturer Northvolt could finalise a ‘rescue financing round’ of 300 million dollars by next week. In ...
Northvolt's downfall, a symbol of acute European stalling
Management of the Swedish electric battery giant is attempting to secure funds to avoid bankruptcy.
Montreal News13d
Northvolt executive confident it won't ask for more government funding
Northvolt North America CEO Paolo Cerruti suggested the Swedish company may have been too ambitious and reiterated that it ...
Volvo Cars seeks to oust Northvolt from EV battery venture
Volvo Cars said on Wednesday it will invoke a right to acquire Northvolt's shares in their Swedish battery joint venture, ...
Northvolt CEO Says Long-Term Capital Needs Top $900 Million
Cash-strapped battery maker Northvolt AB is working on a plan to raise more than 10 billion kronor ($920 million) to continue ...