The writedown reflects the challenges faced by Northvolt, including missed production targets and a slower-than-expected ...

So when Northvolt filed for bankruptcy last week, it wasn’t just a blow for Europe’s hopes to develop a homegrown EV battery ...

Volkswage has significantly written down its 21% stake in Northvolt that filed for bankruptcy protection in the U.S. last ...

Northvolt is bankrupt. But European car companies desperately need its automotive batteries for future production targets.

Peter Carlsson, the CEO and co-founder of Northvolt, quit the company last week and in doing so revealed that it needed a ...

Baillie Gifford European Growth Trust PLC GBP (GB:BGEU) has released an update. Baillie Gifford European Growth Trust ...

Nothvolt number one and number two shareholders, namely Volkswagen and Goldman Sachs, will write down their stake in the ...

Europe risks losing investments and industrial jobs to countries including the US if the region fails to cut red tape and ...

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

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

Electric-vehicle dreams are crashing into reality, and the latest signs come from Europe. Swedish battery manufacturer ...

Northvolt AB has filed for bankruptcy protection in the United States, but said the move will not jeopardize the manufacturer’s planned electric vehicle battery plant in Quebec—though hundreds of ...