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Reuters ·  Mar 21 18:40

- Northvolt's Bankruptcy Trustee Said on Friday It Had Made "Significant" Progress in Negotiating the Continuation of the Operation of the Electric Vehicle Battery Maker, While Talks With Potential Buyers Proceed.

The Swedish Company Filed for Bankruptcy in Sweden on March 21, Marking One of the Country's Largest Corporate Failures and Effectively Ending Europe's Best Hope of Developing a Rival to Challenge China.



(Reporting by Marie Mannes, Editing by Nerijus Adomaitis and David Evans)

((Nerijus.adomaitis@Thomsonreuters.com; +47 9027 6699; Reuters Messaging: Nerijus.adomaitis.thomsonreuters@Reuters.net))

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