According to documents submitted to the court in Texas, where Northvolt has been granted bankruptcy protection through a so-called Chapter 11 procedure, the company continues to bleed money.
In Northvolt AB, the loss was around 3 billion kronor before tax between November 21 and December 31. The factory company Northvolt Ett in Skellefteå made a loss of over 22 billion kronor during the same period.
According to Di, the total losses for the nine Northvolt companies under bankruptcy protection in the USA were 31 billion kronor in December.
According to Northvolt, the losses are mainly due to large write-downs in the value of assets and projects.
