Northvolt AB files for bankruptcy after $2.7B subsidy from Canadians
Swedish battery developer and manufacturer Northvolt AB filed for bankruptcy, raising serious doubts about whether its planned Quebec factory will ever come to fruition.
Swedish battery developer and manufacturer Northvolt AB filed for bankruptcy, raising serious doubts about whether its planned Quebec factory will ever come to fruition, despite being handed billions in taxpayer subsidies.
In a statement released on Wednesday, Northvolt AB said that “following an exhaustive effort to explore all available…
