The site near Montreal where Northvolt planned to build a new EV battery plant, seen in 2024. A Quebec judge placed the North American branch of the company under creditor protection on Friday.

A Quebec Superior Court judge has declared insolvent the North American branch of battery maker Northvolt as the provincial government looks to recover $260-million owed to it by the company.

Justice Janet Michelin on Friday placed Northvolt Batteries North America under creditor protection following a request earlier in the week from the Quebec government.

Northvolt laid off its entire workforce on Thursday following Economy Minister Christine Fréchette’s announcement on Tuesday that the government would provide no more funding for the company’s planned electric-vehicle battery plant near Montre

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