Sweden's Northvolt appoints restructuring expert to oversee main facility -report

By Yahoo! Finance | Nov 20, 2024 at 05:27 AM EST

$Sweden's Northvolt appoints restructuring expert to oversee main facility -report$

Northvolt has appointed restructuring expert Paul O'Donnell to oversee its key battery cells plant in Sweden. The company may consider filing for Chapter 11 bankruptcy as a survival option due to financial challenges.

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