Northvolt AB Files Bankruptcy
This is a Sweden news story, published by Global News, that relates primarily to Northvolt AB news.
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•Northvolt says Montreal-area battery plant will go ahead despite bankruptcy filing - Montreal | Globalnews.ca
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Sweden -based parent company Northvolt AB is filing for bankruptcy protection in the U.S. The parent company says it and several subsidiaries have filed for a court-supervised reorganization of its debt and assets under Chapter 11 .
Northvolt says its Canadian subsidiary is financed separately and “will continue to operate as usual outside of the Chapter 11 process”.
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