Northvolt files for bankruptcy in the US in major blow to European hopes to have a homegrown battery maker that can compete ...
It was Europe's flagship battery production. At least, it wanted to be. The Swedish company Northvolt was placed under ...
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 ...
SINGAPORE (Reuters) — Bonds rallied, U.S. stock futures rose and the dollar eased in early trade on Monday as investors ...
Sweden’s ambitions of having a strong electric vehicle (EV) battery industry are overshadowed by the financial collapse of ...
The financial collapse of Swedish electric battery maker Northvolt dealt a blow to Europe's plan to set up its own industry ...
The Swedish company, whose motto is "make oil history", has received more than $10 billion in equity, debt and public ...
In this major development, Goldman Sachs will be writing off a monumental amount of nearly USD 900 million. This amount to Rs ...
Northvolt, Europe's leading battery startup, filed for U.S. bankruptcy protection, highlighting strained efforts to compete ...
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 ...
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. Earlier ...