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Swedish EV Battery Co. Files For Ch. 11 With $5B Of Debt

By Vince Sullivan ( November 21, 2024, 5:50 PM EST) -- Swedish electric vehicle battery maker Northvolt AB filed a Chapter 11 case in Texas bankruptcy court Thursday, saying it wants to find a partner to enable the company's innovation to continue in the burgeoning space while it addresses a significant liquidity shortfall....

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