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Northvolt Appoints Restructuring Expert For Main Battery Plant
- Northvolt has appointed restructuring expert Paul O’Donnell to oversee its main battery factory in Sweden.
- The appointment comes as the embattled Swedish battery manufacturer seeks to secure its operations.
- Northvolt has been facing financial difficulties and recently held talks for short-term funding.
- The company has also faced production issues and lost a major contract with BMW.
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