Browsing: Northvolt

Decision driven by ‘compounding challenges’ that eroded its financial position

Chapter 11 process will allow battery maker to access £145m in cash collateral

Swedish lithium-ion battery producer has also begun producing its first energy storage systems in Poland

IMCO’s funding will support battery maker’s global expansion based on sustainable practices

$2.75bn private placement to finance production and R&D efforts

Move to buy Cuberg will be followed by new Silicon Valley centre

A $200m factory is be constructed in Gdańsk