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Northvolt to stop production at end of June without buyer



The battery maker bankruptcy in the northwest ab stop production in the final Northern Sweden factory at the end of June by the end of a buyer at the end of June by the end of June by the end of June.

Skelelleftea plant runs on a production line for Truckmaker Scania CV ABS since a Trustee of Sweden in Sweden and Group PropertiesFOR SALEin March. To date a buyer is not material.

Following now, a virtual meeting will be made for staff including the 900 people who work in the factory and hosting the main operating officer that Matthias Arleth, Speaker Mattias Kataja said to meet the phone. He refused to comment on meeting details but described it as a regular update.

Northvolt has a general staff of about 7,000 before the last year’s money after a series of blanks in operation that compels the US filing.

The company has previously seen as European response to a homegrown battery champion, which has been revoked to $ 10 billion debt and equity ever established in 2016.

This story originally shown Fortune.com



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