Northvolt Nears $300 Million Rescue Package to Stay Afloat
Northvolt AB is closing in on a $300 million rescue package, according to a person familiar with the matter, buying time for ...
Northvolt co-founder, Swedish funds may inject cash, broadcaster reports
A co-founder of struggling Swedish battery maker Northvolt is willing to inject 100 million crowns ($9.50 million) in the ...
Goldman Sachs Unit in Talks to Join Northvolt Rescue Effort
Goldman Sachs Group Inc.’s investment arm, the second-largest shareholder in Northvolt AB, is considering joining other ...
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Northvolt Close to $300M Deal to Address Cash Flow Issues
A combination of shareholders, lenders and customers are participating in the bridge funding, and the instruments vary among ...
Northvolt Jobs Losses Begin to Crystallize With 400 Staff Let Go
Troubled Swedish battery maker Northvolt AB has laid off nearly 400 white-collar workers at its center of operations in ...
Northvolt says it has paid tax bill due Monday
Swedish battery maker Northvolt said on Monday it had paid a monthly tax bill for October, in line with a company statement ...
Exclusive-Northvolt in talks for about 200 million euros in funding, sources say
By Anousha Sakoui, Christina Amann and Marie Mannes LONDON/BERLIN/STOCKHOLM (Reuters) - Northvolt is in talks with investors ...
Northvolt Subsidiary Files for Bankruptcy After Expansion Plan is Shelved
Northvolt Ett Expansion was created to manage the buildout of a gigafactory in northern Sweden, but that project was shelved ...
Battery maker Northvolt says head of main plant to step down
Swedish battery maker Northvolt said on Wednesday the head of its main plant would step down with immediate effect in the ...
Northvolt Subsidiary Files for Bankruptcy After Project Pulled
OSLO (Reuters) -Sweden's Northvolt said on Tuesday that one of its subsidiaries had filed for bankruptcy after the project it ...
Northvolt’s Funding Travails Hit Battery Projects from Germany to Canada
Northvolt AB’s tribulations are causing headaches far beyond its home base of Sweden, as taxpayer-supported EV battery ...
Northvolt closes in on $300 million rescue package to stay afloat
Northvolt AB is closing in on a US$300 million rescue package that includes debt and equity, according to people familiar with the matter, buying time for the cash-strapped Swedish battery maker to ...