Volkswagen wrote down majority of its stake in Northvolt

Volkswagen has substantially written down its 21% stake in Northvolt, a Swedish battery cell manufacturer, following the ...
Established by Volkswagen in 2022, PowerCo is committed to building six battery cell gigafactories by 2030 with a combined ...
Europe’s auto layoffs and Northvolt’s failure are warnings to the U.S. The domestic auto industry last week sent a letter to ...
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a ...
Northvolt AB filed for bankruptcy protection in the US after a desperate bid to secure rescue funding fell short, leaving the ...
Swedish battery manufacturer Northvolt has filed for bankruptcy, dashing Europeans' hopes for local battery production and ...