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 ...
Volvo Cars says it will pay Northvolt almost nothing for battery joint venture stake
Volvo Cars will pay Northvolt almost nothing for its 50% stake in their battery venture Novo Energy that it had agreed to ...
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 will not pay Northvolt for battery joint venture stake, it says
Volvo Cars will not pay Northvolt any money for its 50% stake in their Novo Energy battery venture, which it had agreed to ...
electrive.com20h
Canadian fund writes down Northvolt investment
Investment Management Corporation of Ontario has written down its $400 million investment in Northvolt. It is the latest ...
Norran4h
600 creditors seek billions of kronor from Northvolt in US court
Battery manufacturer Northvolt is facing approximately 600 payment claims in a US court, totalling billions of kronor. – Of ...
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 ...
Transport Topics2d
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.
Pensions & Investments3d
Sweden’s pension fund AP2 writes down Northvolt stake to zero
Sweden’s state-owned pension fund AP2, Gothenburg, has written down its entire stake in bankrupt battery maker Northvolt, ...