Kirkland & Ellis and A&O Shearman are advising Swedish battery maker Northvolt as it enters Chapter 11 restructuring ...
The decision to seek Chapter 11 appears to have come because of the failure of talks with investors and creditors and simply because the money was running out. Northvolt has certainly bought itself ...
Northvolt has today filed for Chapter 11 reorganization in the US in order to secure a sustainable platform to deliver on its long-term mission to establish a homegrown, Western industrial base ...
Over the weekend, reports caused a stir that CATL, of all companies, could rescue the insolvent Swedish battery cell ...
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
Volkswagen has written down the majority of its 21 per cent stake in Northvolt over the past year ahead of the Swedish ...
The write down reflects the challenges faced by Northvolt, including missed production targets and a slower-than-expected ...
Northvolt number one and number two shareholders, namely Volkswagen and Goldman Sachs, will write down their stake in the ...
Planned $7 million lithium-ion battery gigafactory in southern Quebec secured as “essential” to Swedish battery-maker’s ...
Northvolt’s ambition was to challenge the dominance of Asian battery makers, such as CATL and BYD in China. The company ...