Ontario Fund Writes Down $400 Million Investment in Northvolt
Investment Management Corp. of Ontario has written down its $400 million investment in Northvolt AB, the electric vehicle ...
Swedish AP Funds Write Off Entire $531 Million Northvolt Bet
Sweden’s state-owned pension fund AP2 has written down its entire stake in bankrupt battery maker Northvolt AB, according to ...
Volvo Cars says it will pay Northvolt almost nothing for battery joint venture stake
(Corrects Feb. 6 story to say in headline and lead that Volvo "will pay Northvolt almost nothing" (not "will not pay ...
norran1d
Hundreds of creditors seek billions of kronor from Northvolt
Battery manufacturer Northvolt is facing approximately 600 payment claims in a US court, totalling billions of kronor. – Of ...
electrive1d
Canadian fund writes down Northvolt investment
Investment Management Corporation of Ontario has written down its $400 million investment in Northvolt. It is the latest ...
Exclusive: Scania tries to breathe life into troubled EV battery maker Northvolt
Truckmaker Scania has stepped in to help Northvolt with the day-to-day running of its flagship plant in northern Sweden, a ...
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Northvolt’s Bankruptcy Deals $531M Blow to Swedish Investors
Sweden’s state-owned pension investors, collectively known as the AP Funds, have fully written down their entire investment in bankrupt battery maker Northvolt AB.
Volvo Cars will not pay Northvolt for battery joint venture stake
Last week, Volvo Cars agreed with Northvolt to take over its stake in the venture, which included a planned Gothenburg ...
Sweden’s Pension Fund AP2 Writes Down Northvolt Stake to Zero
Sweden’s state-owned pension fund AP2 has written down its entire stake in bankrupt battery maker Northvolt AB, according to the fund’s annual report.