Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...

In this major development, Goldman Sachs will be writing off a monumental amount of nearly USD 900 million. This amount to Rs ...

STORY: Northvolt’s financial collapse could spell the end of Europe’s ambitions to set up its own battery industry to power ...

Volkswagen and Goldman Sachs write off stakes in Northvolt due to missed production targets, resulting in significant ...

For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse started in June when BMW AG canceled a multi-billion-dollar order.Most Read ...

The financial collapse of Swedish electric battery maker Northvolt dealt a blow to Europe's plan to set up its own industry ...

Struggling Swedish EV battery maker Northvolt filed for U.S. Chapter 11 bankruptcy protection on Thursday after failing to establish a funding ...

Goldman Sachs has a smudge on its face when it comes to electric vehicle batteries. The storied Wall Street giant was a major ...

Plus, Northvolt’s bankruptcy leads to investor losses and Blackstone teams up with energy giant in new financing deal ...

Swedish electric vehicle (EV) battery developer and manufacturer Northvolt has collapsed into administration, with at least ...

It was Europe's flagship battery production. At least, it wanted to be. The Swedish company Northvolt was placed under ...