Deep search
Search
Copilot
Images
Videos
Maps
News
Shopping
More
Flights
Travel
Hotels
Real Estate
Notebook
Top stories
Sports
U.S.
Local
World
Science
Technology
Entertainment
Business
More
Politics
Any time
Past hour
Past 24 hours
Past 7 days
Past 30 days
Best match
Most recent
Volkswagen wrote down majority of its stake in Northvolt
Volkswagen slashes the value of its stake in Northvolt, the beleaguered battery manufacturer
Volkswagen bet big on European-made batteries a few years ago with two massive investments in Northvolt, the Swedish manufacturer. Now the automaker’s €1.4 billion stake is worth less than half that, according to Reuters. The write-downs occurred throughout the current fiscal year as the situation at Northvolt deteriorated.
Volkswagen has taken major writedown on Northvolt stake, sources say
Volkswagen , Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker that filed for bankruptcy protection in the United States last week, two people familiar with the matter said.
Volkswagen wrote down majority of its stake in Northvolt over past year
Volkswagen has written down the majority of its 21 per cent stake in Northvolt over the past year ahead of the Swedish battery maker’s filing for Chapter 11 bankruptcy, according to people close to the German carmaker.
Volkswagen Cuts Northvolt Stake as Battery Maker Files for Bankruptcy
Volkswage has significantly written down its 21% stake in Northvolt that filed for bankruptcy protection in the U.S. last week.
Volkswagen records major writedown on its stake in battery maker Northvolt - Reuters
Volkswagen (OTCPK:VWAGY) has taken a major writedown of its 21% stake in the Swedish battery company, Northvolt, Reuters reported Monday, citing two sources. The writedowns at the German automobile giant were done throughout the current financial year,
Yahoo
3h
Volkswagen writes down Northvolt stake following bankruptcy filing
Volkswagen
has substantially written down its 21% stake in
Northvolt
, a Swedish battery cell manufacturer, following the ...
3h
Volkswagen Commits To Massive Novonix EV Component Supply Deal
Established by Volkswagen in 2022, PowerCo is committed to building six battery cell gigafactories by 2030 with a combined ...
Opinion
1d
on MSN
Opinion
Opinion | Northvolt’s Bankruptcy and the EV Crash
Europe’s auto layoffs and Northvolt’s failure are warnings to the U.S. The domestic auto industry last week sent a letter to ...
1d
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, ...
3d
Northvolt files for bankruptcy—putting the breaks on Europe’s EV dreams
Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a ...
4d
Northvolt Files for Bankruptcy With Debt of $5.8 Billion
Northvolt AB filed for bankruptcy protection in the US after a desperate bid to secure rescue funding fell short, leaving the ...
autoevolution
4d
Swedish Battery Company Northvolt Files for Bankruptcy in a Blow to European Carmakers
Swedish battery manufacturer Northvolt has filed for bankruptcy, dashing Europeans' hopes for local battery production and ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback