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VW: In close contact with Northvolt
Volkswagen (VW) is as a major customer in close contact with the crisis-stricken Swedish battery manufacturer Northvolt, according to a spokesperson for the German automotive group. The spokesperson adds that VW from that perspective supports the industrial investment in increased production in existing facilities in Skellefteå.
Northvolt in crisis - "Dialogue is ongoing"
The crisis-stricken battery manufacturer Northvolt is considering applying for bankruptcy protection or bankruptcy, according to several media outlets citing sources. "The dialogue about future financing is ongoing," writes the company's press spokesperson Erik Zsiga to TT about the reports.
Northvolt sells factory in California
The battery manufacturer Northvolt is selling a factory facility in San Leandro, California, to the American battery company Lyten. No price tag has been disclosed by Northvolt, whose hunt for new billions to address short- and long-term challenges continues.
Largest Owner Leaves Northvolt's Board
The largest owner Volkswagen's representative is leaving Northvolt's board, writes Dagens industri. The Companies Registration Office confirms the information to Di, that VW's investment chief Sven Fuhrmann has requested to leave the crisis-stricken battery company.
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Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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