{"id":161627,"date":"2025-01-10T12:20:00","date_gmt":"2025-01-10T11:20:00","guid":{"rendered":"https:\/\/newmobility.news\/?p=161627"},"modified":"2025-01-10T11:05:30","modified_gmt":"2025-01-10T10:05:30","slug":"shareholders-throw-northvolt-a-lifeline","status":"publish","type":"post","link":"https:\/\/newmobility.news\/en\/2025\/01\/10\/shareholders-throw-northvolt-a-lifeline\/","title":{"rendered":"Shareholders throw Northvolt a lifeline"},"content":{"rendered":"<p>Beleaguered Swedish battery manufacturer Northvolt has received a critical endorsement from its shareholders to continue operations in its home country. A vote in favor underscores shareholder confidence from important partners like Volkswagen as the battery supplier tries to restructure and seeks additional funding to keep its business afloat.<\/p><p>Northvolt, once a beacon of Europe\u2019s aspirations for a homegrown battery supply chain to rival Chinese dominance, has faced mounting pressures in recent months. After filing for Chapter 11 bankruptcy protection in the US last November, the company revealed debts amounting to 58.2 billion euros. The bankruptcy proceedings are aimed at shielding the company from creditors.<\/p><div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\">This content has been archived. <a href=\"https:\/\/newmobility.news\/en\/subscription\/\">Log in or Subscribe<\/a> to a level that has access to archived content.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Beleaguered Swedish battery manufacturer Northvolt has received a critical endorsement from its shareholders to continue operations in its home country. A vote in favor underscores shareholder confidence from important partners like Volkswagen as the battery supplier tries to restructure and seeks additional funding to keep its business afloat.Northvolt, once a beacon of Europe\u2019s aspirations for [&hellip;]<\/p>\n","protected":false},"author":715,"featured_media":161628,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[77162,28,16,4],"tags":[],"class_list":["post-161627","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-batteries","category-europe","category-industry","category-top-stories-today"],"acf":[],"featured_image_urls_v2":{"full":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/01\/ampnet_photo_20210609_198581.jpg?fit=2000%2C1134&ssl=1",2000,1134,false],"thumbnail":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/01\/ampnet_photo_20210609_198581.jpg?resize=150%2C150&ssl=1",150,150,true],"medium":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/01\/ampnet_photo_20210609_198581.jpg?fit=300%2C170&ssl=1",300,170,true],"medium_large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/01\/ampnet_photo_20210609_198581.jpg?fit=640%2C363&ssl=1",640,363,true],"large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/01\/ampnet_photo_20210609_198581.jpg?fit=640%2C363&ssl=1",640,363,true],"1536x1536":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/01\/ampnet_photo_20210609_198581.jpg?fit=1536%2C871&ssl=1",1536,871,true],"2048x2048":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/01\/ampnet_photo_20210609_198581.jpg?fit=2000%2C1134&ssl=1",2000,1134,true],"trp-custom-language-flag":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/01\/ampnet_photo_20210609_198581.jpg?fit=18%2C10&ssl=1",18,10,true],"related-thumb":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/01\/ampnet_photo_20210609_198581.jpg?resize=640%2C480&ssl=1",640,480,true],"gform-image-choice-sm":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/01\/ampnet_photo_20210609_198581.jpg?resize=300%2C300&ssl=1",300,300,true],"gform-image-choice-md":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/01\/ampnet_photo_20210609_198581.jpg?resize=400%2C400&ssl=1",400,400,true],"gform-image-choice-lg":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/01\/ampnet_photo_20210609_198581.jpg?resize=600%2C600&ssl=1",600,600,true],"mailchimp":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/01\/ampnet_photo_20210609_198581.jpg?fit=560%2C318&ssl=1",560,318,true],"unipress-phone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/01\/ampnet_photo_20210609_198581.jpg?resize=640%2C100&ssl=1",640,100,true],"unipress-tablet":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/01\/ampnet_photo_20210609_198581.jpg?resize=1536%2C240&ssl=1",1536,240,true],"unipress-tablet-portrait":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/01\/ampnet_photo_20210609_198581.jpg?resize=1536%2C180&ssl=1",1536,180,true],"unipress-tablet-landscape":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/01\/ampnet_photo_20210609_198581.jpg?resize=2000%2C180&ssl=1",2000,180,true],"unipress-smartphone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/01\/ampnet_photo_20210609_198581.jpg?resize=1080%2C168&ssl=1",1080,168,true],"unipress-wide-screen":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/01\/ampnet_photo_20210609_198581.jpg?resize=2000%2C180&ssl=1",2000,180,true]},"post_excerpt_stackable_v2":"<p>Beleaguered Swedish battery manufacturer Northvolt has received a critical endorsement from its shareholders to continue operations in its home country. A vote in favor underscores shareholder confidence from important partners like Volkswagen as the battery supplier tries to restructure and seeks additional funding to keep its business afloat.Northvolt, once a beacon of Europe\u2019s aspirations for a homegrown battery supply chain to rival Chinese dominance, has faced mounting pressures in recent months. After filing for Chapter 11 bankruptcy protection in the US last November, the company revealed debts amounting to 58.2 billion euros. The bankruptcy proceedings are aimed at shielding the&hellip;<\/p>\n","category_list_v2":"<a href=\"https:\/\/newmobility.news\/en\/category\/batteries\/\" rel=\"category tag\">Batteries<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/europe\/\" rel=\"category tag\">Europe<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/industry\/\" rel=\"category tag\">Industry<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/top-stories-today\/\" rel=\"category tag\">Top Stories Today<\/a>","author_info_v2":{"name":"Piet Andries","url":"https:\/\/newmobility.news\/en\/author\/piet-andriesgmail-com\/"},"comments_num_v2":"0 comments","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Shareholders throw Northvolt a lifeline - newmobility.news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newmobility.news\/en\/2025\/01\/10\/shareholders-throw-northvolt-a-lifeline\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shareholders throw Northvolt a lifeline - newmobility.news\" \/>\n<meta property=\"og:description\" content=\"Beleaguered Swedish battery manufacturer Northvolt has received a critical endorsement from its shareholders to continue operations in its home country. A vote in favor underscores shareholder confidence from important partners like Volkswagen as the battery supplier tries to restructure and seeks additional funding to keep its business afloat.Northvolt, once a beacon of Europe\u2019s aspirations for [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/newmobility.news\/en\/2025\/01\/10\/shareholders-throw-northvolt-a-lifeline\/\" \/>\n<meta property=\"og:site_name\" content=\"newmobility.news\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/search\/top\/?q=newmobility.news\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-10T11:20:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2025\/01\/ampnet_photo_20210609_198581.jpg?fit=2000%2C1134&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"2000\" \/>\n\t<meta property=\"og:image:height\" content=\"1134\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Piet Andries\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@jorisvry\" \/>\n<meta name=\"twitter:site\" content=\"@jorisvry\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Piet Andries\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/2025\\\/01\\\/10\\\/shareholders-throw-northvolt-a-lifeline\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2025\\\/01\\\/10\\\/shareholders-throw-northvolt-a-lifeline\\\/\"},\"author\":{\"name\":\"Piet Andries\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/#\\\/schema\\\/person\\\/a5b306e499388c9ea0a3a4f6704d7081\"},\"headline\":\"Shareholders throw Northvolt a lifeline\",\"datePublished\":\"2025-01-10T11:20:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2025\\\/01\\\/10\\\/shareholders-throw-northvolt-a-lifeline\\\/\"},\"wordCount\":428,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2025\\\/01\\\/10\\\/shareholders-throw-northvolt-a-lifeline\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/newmobility.news\\\/wp-content\\\/uploads\\\/2025\\\/01\\\/ampnet_photo_20210609_198581.jpg?fit=2000%2C1134&ssl=1\",\"articleSection\":[\"Batteries\",\"Europe\",\"Industry\",\"Top Stories Today\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/newmobility.news\\\/2025\\\/01\\\/10\\\/shareholders-throw-northvolt-a-lifeline\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/2025\\\/01\\\/10\\\/shareholders-throw-northvolt-a-lifeline\\\/\",\"url\":\"https:\\\/\\\/newmobility.news\\\/2025\\\/01\\\/10\\\/shareholders-throw-northvolt-a-lifeline\\\/\",\"name\":\"Shareholders throw Northvolt a lifeline - 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