Bankrupt battery maker Northvolt AB will stop production at its last remaining factory in northern Sweden at the end of June if it fails to find a buyer before then, a person familiar with the matter said, asking not to be identified discussing private information.
The plant in Skelleftea has been running one production line making cells for truckmaker Scania CV AB ever since a court-appointed trustee in Sweden put the group's business and assets up for sale in March. So far a buyer has not materialized.