Northvolt Lenders Line Up PJT for Advice as Cash Crunch Deepens

By Yahoo! Finance | Sep 19, 2024 at 11:06 AM EST

Lenders of Northvolt AB have enlisted PJT Partners to advise on financial options amid a cash crunch. The Swedish electric-car battery maker faces challenges in scaling production and securing funding from major investors like Volkswagen and Goldman Sachs. The company is undergoing a strategic review to address its financial crisis.

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