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

Volkswagen has substantially written down its 21% stake in Northvolt, a Swedish battery cell manufacturer, reported Reuters.

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.

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

Northvolt, Europe's leading battery startup, filed for U.S. bankruptcy protection, highlighting strained efforts to compete ...

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

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

Yet analysts believe that if Europe backs off in the battery race now, it risks being even more behind China than it already ...

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Volkswagen , Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker ...

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