For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse ...
European markets are expected to open higher on Friday. The U.K.'s FTSE 100 index is expected to open 33 points higher at ...
Goldman Sachs (NYSE:GS) will take a nearly $900M hit after Swedish EV battery maker Northvolt filed for chapter 11 bankruptcy ...
Funds managed by Goldman Sachs will write off nearly $900 million after Swedish lithium-ion battery producer Northvolt filed ...
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...
This move is part of a strategic effort to restructure debt, scale operations and secure a sustainable foundation for ...
Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a ...
The battery maker’s troubles continue to mount after expansion setbacks, as automakers scramble for supplies. Here’s how this ...
The Swedish EV battery manufacturer, Northvolt AB, and certain of its subsidiaries voluntarily filed for Chapter 11 ...
The chief executive of Northvolt stepped down on Friday, shortly after the Swedish battery maker filed for Chapter 11 ...
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...