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A building in Sweden was photographed in February 2022.
Mikael Sjoberg | Bloomberg | Getty pictures
On Wednesday, electric vehicle Battery manufacturer Northvolt, said he applied for bankruptcy in Sweden.
The company said, “This” said that the company has submitted the bankruptcy document after providing favorable efforts to investigate favorable means to ensure the future of affordable finance and operations.
“Like many companies in the battery sector, NorthVolt, in recent months, increased capital expenditures, geopolitical instability, a series of complex problems with a number of turns in the next supply chain and market demand,” Northvolt “.
“After this background, the company faced significant internal problems in the production of both production and unexpected, in the production of both production and both.”
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