Northvolt is in talks with investors and lenders to secure about 200 million euros ($218 million) in funding, three sources familiar with the matter said, as...
LONDON/FRANKFURT/STOCKHOLM - Northvolt is in talks with investors and lenders to secure about 200 million euros in funding, three sources familiar with the matter said, as the cash-strapped Swedish battery maker seeks to stabilise its short-term finances.
Late on Thursday, the company said it will be able to pay its taxes of 287 million Swedish crowns that fall due on Monday, responding to speculation as to whether the struggling company would be able to do so. Amphenol Corporation Sees Price Target Lowered by Bank of America Amid Cautious Auto and Industrial Outlook, AI Solutions Remain Strong
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