Following Northvolt's bankruptcy filing and the resignation of CEO Peter Carlsson, Volkswagen and Goldman Sachs have announced that they will write off their investments in the Swedish battery cell ...

Makers and suppliers of electric cars are dealing with diminishing cash, uneven sales and the prospects of an unfriendly ...

F EW European startups have attracted as much attention—and none as much capital—as Northvolt. On November 21st the Swedish ...

Bankrupt battery maker Northvolt had relationships with some of the best-known electric aviation start-ups but whether its ...

The European EV industry faces significant challenges, including intense competition from Chinese EV and battery ...

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

Northvolt files for bankruptcy in the US in major blow to European hopes to have a homegrown battery maker that can compete ...

In a huge blow to Europe’s plan to set up its own battery industry to power electric cars, Peter Carlsson resigned as CEO of ...

Sweden’s Northvolt was once a darling of the battery industry and Europe’s best hope for competing with China’s dominant ...

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 ...

Subdued car sales and intense competition have hit earnings at carmakers. Northvolt CEO Peter Carlsson Steps Down The Swedish battery maker said Carlsson will become a senior adviser as the company ...