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Swedish battery firm Northvolt files for bankruptcy
This move comes amid geopolitical instability, rising capital costs, supply chain disruptions, and shifts in market demand.
Europe's Would-Be Battery Champion Northvolt Files for Bankruptcy
STOCKHOLM (Reuters) - Northvolt, the Swedish maker of battery cells for electric vehicles, said on Wednesday it has filed for ...
The Local3h
What happens in Sweden when a company wants to make staff redundant?
While the heavy unionisation of Sweden's workforce makes it comparatively difficult for companies to sack people, the system ...
End of the road for EV battery maker that raised $15 billion from investors including Goldman Sachs and BlackRock
The Swedish company aimed to become Europe's main EV battery maker and take on Chinese rivals, but filed for Chapter 11 ...
Scania still main suitor for bankrupt Northvolt's battery pack unit
Truckmaker Scania is willing to go ahead with purchasing the only profitable business of bankrupt battery maker Northvolt for ...
The Local2d
'To early to say' if Sweden will give foreign Northvolt staff special help
Sweden's labour minister, Mats Persson, has said that no decision has yet been taken on whether to relax work permit rules ...
Devdiscourse2d
Shockwaves in Sweden: Northvolt Bankruptcy Reshapes Skelleftea's Industrial Landscape
The bankruptcy of Northvolt, a leading battery cell maker, impacts Sweden's Skelleftea. Known for its role in the green boom, ...