northvolt chapter 11 news

Sweden’s Northvolt Files For Bankruptcy

Swedish Battery Maker Northvolt Files for Chapter 11 Protection

Northvolt, 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.

Reuters on MSN · 2d

Northvolt files for Chapter 11 bankruptcy in US, secures financing

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., and said it has secured $100 million in new financing for the process.

Invezz · 1d

Swedish battery maker Northvolt files for Chapter 11 bankruptcy, disrupting Europe’s EV goals

Northvolt, Europe’s EV battery leader, files for Chapter 11, seeking $245M to restructure and sustain its Swedish gigafactory amid rising competition.

Northvolt’s Collapse Countdown Started With BMW Pulling the Plug

For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse ...

devdiscourse2d

Northvolt's Strategic Move: Chapter 11 Reorganization

Northvolt enters Chapter 11 reorganization to secure $145 million cash collateral and $100 million financing. Operations in ...

autoweek on MSN1d

Northvolt Files for Bankruptcy, CEO Departs

Northvolt's US unit files for Chapter 11 bankruptcy protection as CEO Peter Carlsson, who has led the startup since ...

U.S. News & World Report23h

Goldman Funds to Take $900 Million Hit on Northvolt, FT Reports

(Reuters) - Funds managed by Goldman Sachs will write off nearly $900 million after Swedish lithium-ion battery producer ...

devdiscourse2d

Northvolt's Crisis: From EV Hope to Chapter 11

Northvolt's CEO Peter Carlsson steps down as the company files for Chapter 11 bankruptcy, seeking $1.2 billion to recover from production and funding struggles. The company aims to reorganize and ...

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