Goldman on hook for nearly $900M loss on Northvolt stake
15hon MSNOpinion
Europe’s auto layoffs and Northvolt’s failure are warnings to the U.S. The domestic auto industry last week sent a letter to ...
For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse ...
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 ...
Swedish electric vehicle (EV) battery developer and manufacturer Northvolt has collapsed into administration, with at least ...
The rules are different in private equity. The Financial Times reported over the weekend that Goldman Sachs would write down its $900mn investment in troubled battery maker Northvolt to zero.
Northvolt's CEO and co-founder Peter Carlsson stepped down on Friday, a day after Europe's biggest hope for an electric ...
Beleaguered Swedish battery manufacturer Northvolt announced on Thursday that it was filing for bankruptcy in the U.S., ...
The CEO of Northvolt, Peter Carlsson, today resigned amongst ongoing fallout from the Swedish EV battery maker’s U.S. Chapter ...
Northvolt, a major Swedish battery maker, filed for bankruptcy in the U.S., seeking to restructure the debt it had taken on ...
Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a ...
GlobalData on MSN2d
Swedish EV battery market Northvolt files for bankruptcy in USThis move is part of a strategic effort to restructure debt, scale operations and secure a sustainable foundation for ...
Northvolt’s demise means the battle for dominance of the European market is likely to play out between Asian battery makers. LGES and SK On both have European plants, in Poland and Hungary ...
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