Goldman on hook for nearly $900M loss on Northvolt stake

Volkswagen wrote down majority of its stake in Northvolt

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Not A Bright Spark? Goldman Sachs Loses Almost $1 Billion On EV Battery Company
Goldman Sachs has a smudge on its face when it comes to electric vehicle batteries. The storied Wall Street giant was a major ...
An EV-battery maker that raised $15 billion from investors including Goldman Sachs filed for bankruptcy protection after almost running out of cash
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...
Goldman’s $900mn hit
Plus, Trump’s stock market honeymoon, Germany’s ‘debt brake’, and Francis Bacon at the National Portrait Gallery ...
Northvolt crisis may be make or break for Europe's EV battery ambitions
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
Europe EV battery maker Northvolt files for bankruptcy protection, Reuters says
Struggling Swedish EV battery maker Northvolt filed for U.S. Chapter 11 bankruptcy protection on Thursday after failing to establish a funding ...
Northvolt crisis marks major blow for Europe's EV battery hopes
STORY: Northvolt’s financial collapse could spell the end of Europe’s ambitions to set up its own battery industry to power ...
Goldman Sachs takes $1.4b hit on green battery investment
The US bank is the second-largest shareholder in Swedish battery maker Northvolt which has filed for Chapter 11 bankruptcy.
Goldman Sachs Shares Continue To Zoom Despite Taking A ₹7,500 Crore Hit After Northvolt Files For Bankruptcy
In this major development, Goldman Sachs will be writing off a monumental amount of nearly USD 900 million. This amount to Rs ...