Tom Johnstone
Tom Johnstone is the chairman of Northvolt AB, a Swedish electric vehicle battery manufacturer. Following the company's recent bankruptcy filing, he announced that the decision was made after exhausting all options to secure necessary financial conditions. Johnstone emphasized that the bankruptcy was a last resort to protect the business and its stakeholders, highlighting the significant impact on the European auto sector's ambitions to reduce reliance on Chinese battery manufacturers.
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Northvolt chairman Tom Johnstone said every avenue had been pursued to avoid bankruptcy for the company.
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