Funds managed by Goldman Sachs Asset Management are set to write off almost $900 million on investments in Swedish battery ...
For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse ...
European markets are expected to open higher on Friday. The U.K.'s FTSE 100 index is expected to open 33 points higher at ...
Funds managed by Goldman Sachs will write off nearly $900 million after Swedish lithium-ion battery producer Northvolt filed ...
German Economy Minister Robert Habeck expressed cautious optimism about the future of financially troubled Swedish electric ...
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...
This move is part of a strategic effort to restructure debt, scale operations and secure a sustainable foundation for ...
Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a ...
The battery maker’s troubles continue to mount after expansion setbacks, as automakers scramble for supplies. Here’s how this ...
The Swedish EV battery manufacturer, Northvolt AB, and certain of its subsidiaries voluntarily filed for Chapter 11 ...
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...