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Northvolt Declares Bankruptcy in Sweden Amid Financial Struggles, North American Operations Remain Solvent

by Olawunmi Sola-Otegbade March 12, 2025

by Olawunmi Sola-Otegbade March 12, 2025

Swedish battery manufacturer Northvolt, which had plans to build a $7-billion factory in Quebec, has declared bankruptcy in Sweden. In a media release, the company stated that the decision came …

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Swedish government support

Northvolt Declares Bankruptcy in Sweden Amid Financial Struggles, North American Operations Remain Solvent

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