Northvolt Appoints Markus Dangelmaier as CEO of Its Main Factory

An anode oven at the Northvolt Ett AB plant in Skelleftea, Sweden.

Photographer: Mikael Sjoberg/Bloomberg
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Northvolt AB has named Markus Dangelmaier chief executive officer of Northvolt Ett AB, its only factory that’s producing battery cells.

Last month saw the Swedish electric vehicle supplier file for Chapter 11 bankruptcy protection in the US after a tumultuous couple of months that left it with $30 million in cash, enough to run operations for one week. The former head of the flagship plant, Mark Duchesne, leftBloomberg Terminal his position with immediate effect in early October.