Volkswagen has substantially written down its 21% stake in Northvolt, a Swedish battery cell manufacturer, following the ...
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
Volkswagen , Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker ...
Volkswagen bet big on European-made batteries a few years ago with two massive investments in Northvolt, the Swedish ...
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 ...
Volkswagen (OTCPK:VWAGY) has taken a major writedown of its 21% stake in the Swedish battery company, Northvolt, Reuters ...
The CEO of Northvolt, Peter Carlsson, today resigned amongst ongoing fallout from the Swedish EV battery maker’s U.S. Chapter ...
Beleaguered Swedish battery manufacturer Northvolt announced on Thursday that it was filing for bankruptcy in the U.S., ...
Northvolt's US unit files for Chapter 11 bankruptcy protection as CEO Peter Carlsson, who has led the startup since 2016, ...
The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles.
Northvolt, a major Swedish battery maker, filed for bankruptcy in the U.S., seeking to restructure the debt it had taken on ...