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Northvolt's delayed status report is ready

The crisis-stricken battery manufacturer Northvolt, with large facilities in Skellefteå and Västerås, has finally submitted a repeatedly postponed compilation of the financial situation to a bankruptcy court in Texas, reports Affärsvärlden. The compilation describes assets, debts, contracts, and transactions up to the weeks before Northvolt applied for bankruptcy protection on November 21 in the American court, according to Chapter 11 of the US Bankruptcy Act.
Northvolt's delayed status report is ready

Northvolt's CEO is leaving: Should have slammed on the brakes

Northvolt's CEO Peter Carlsson is leaving his post – the day after the crisis-stricken battery manufacturer applied for reconstruction in the USA. According to Carlsson, the company is not a sinking ship, but he is simultaneously self-critical: We should have applied the brakes a bit earlier, he says.
Northvolt's CEO is leaving: Should have slammed on the brakes
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