EV Battery Co. Northvolt Cleared For Ch. 11 Loan, Cash Use

By Vince Sullivan · December 20, 2024, 6:46 PM EST

Bankrupt electric vehicle battery maker Northvolt AB received final approval Friday from a Texas court to enter into a $100 million Chapter 11 loan and to access the cash collateral of...

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Case Information

Case Title

Northvolt AB

Case Number

4:24-bk-90577

Court

Texas Southern

Nature of Suit

Date Filed

November 21, 2024