Volkswagen bet big on European-made batteries a few years ago with two massive investments in Northvolt, the Swedish ...

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

At the end of 2023, Volkswagen reported the book value of its shareholding in the Swedish firm at 693 million euros (USD 726 ...

Electric-vehicle dreams are crashing into reality, and the latest signs come from Europe. Swedish battery manufacturer ...

Established by Volkswagen in 2022, PowerCo is committed to building six battery cell gigafactories by 2030 with a combined ...

Nothvolt number one and number two shareholders, namely Volkswagen and Goldman Sachs, will write down their stake in the ...

Plus, Northvolt’s bankruptcy leads to investor losses and Blackstone teams up with energy giant in new financing deal ...

Struggling Swedish EV battery maker Northvolt filed for U.S. Chapter 11 bankruptcy protection on Thursday after failing to establish a funding ...

Europe risks losing investments and industrial jobs to countries including the US if the region fails to cut red tape and ...

Volkswage has significantly written down its 21% stake in Northvolt that filed for bankruptcy protection in the U.S. last ...

Messe Frankfurt's educational Texpertise Network covers the entire textile value chain—research, development, yarns, fabrics, ...

Trump Vows to Hit Mexico, Canada and China With Tariff on Day 1 President-elect Trump promised a 25 percent tariff on Canada and Mexico, and an additional 10 percent on China, blaming the flow of ...