
Northvolt files for Chapter 11 bankruptcy
Northvolt takes major actions to support and enhance homegrown battery production platform: Operations to continue as usual during Chapter 11 reorganization process, with company meeting obligations to customers, vendors and employees Voluntary reorganization facilitates access to approximately $145 million in cash collateral and $100 million debtor-in-possession financing Process will help secure Northvolt’s long-term mission to establish […]
