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Questions & Answers

What is the difference between Northvolt and Northvolt Ett Expansion?

Northvolt is the parent company of Northvolt Ett Expansion. The bankruptcy of Northvolt is separate from Northvolt Ett Expansion, which went bankrupt earlier than the parent company. The two companies are separate processes handled by different bankruptcy trustees.

Through which methods are the equipment from Northvolt Ett Expansion sold?

The auction of Northvolt Ett Expansion is conducted both through exclusive sales and auctions.

Exlusive sales means that items are sold in larger collections marketed directly to potential buyers, who can be located anywhere in the world. These items require an active effort to find interested parties due to their complexity or size. By auction, we mean that the items are sold as separate lots available for bidding on psauction.se.

How do you ensure that auctions are conducted transparently and fairly?

Bidders verify themselves, and for the exclusive sales a verification, both individual and for the company, is needed to proceed. This allows us to know who is placing bids or shows interest. We also monitor bidding activity and look for irregular patterns.