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 ...

Volkswagen bet big on European-made batteries a few years ago with two massive investments in Northvolt, the Swedish ...

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

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 ...

Some of the company's $5.84 billion debt is owed to the EU. On the programme, we examine the collapse of Swedish battery maker Northvolt, a key player in Europe's push for green energy and electric ...

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

Battery manufacturer Northvolt announced late last week that it would file for Chapter 11 bankruptcy protection in the United ...

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